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Eswatini Financial Times

Investment

Eswatini Bank invests close to E1 billion into economy

By Lwazi Dlamini Eswatini Bank’s commitment to building a resilient and inclusive economy has been demonstrated by the close to E1 billion investment strategically channelled into the SMME, Agri-business and…

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South Africa wants $100 a barrel oil before selling more crude stocks

South Africa will wait for global oil prices to rise to around $100 a barrel before selling more of its strategic crude reserves, a senior energy official told Reuters. The…

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Inyatsi group boasts near billion-dollar turnover, half-led by women

By Delisa Magagula Addressing the Eswatini Investment Conference, Maloma Colliery CEO Jabu Shabangu began by stating that it was a profound honour to be present and to discuss the vital…

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Eswatini to launch sovereign wealth fund – PM

By Delisa Magagula Prime Minister Russell Mmiso Dlamini has announced the establishment of a Sovereign Wealth Fund as part of His Majesty’s Government’s ambitious Programme of Action aimed at boosting…

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Trump administration fined this low-income migrant $1.8 million

Wendy Ortiz was surprised to find out she was being fined by U.S. immigration authorities for being in the country illegally – but it was the amount that truly shocked…

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Minister Finance testifies to stability, growth in Eswatini

By Delisa Magagula Minister of Finance, Neal Rijkenberg, has asserted that Eswatini presents a ‘lovely opportunity’ for businesses, citing his 25 years of experience in the country. He emphasized the…

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PM unveils E250 bln programme of action for economic growth

By Delisa Magagula Prime Minister Russell Mmiso Dlamini announced a bold E250 billion Programme of Action aimed at propelling Eswatini towards exponential and inclusive growth. In a recent address, he…

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Afriximbank commits to finance E30 bln investments into Eswatini

By Kwanele Dhladhla Afriximbank has committed to financing projects set to transform the Kingdom of Eswatini to economic greatness, including the E30 billion pledges made at the inaugural investment conference,…

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UN injects millions to support Eswatini’s SDGs

By Delisa Magagula The United Nations has reported that it has invested over E2 million in support of Eswatini’s efforts to achieve the 17 Sustainable Development Goals (SDGs). The investment…

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Daily business transactions monitored, AI to uncover potential tax fraud

By Kwanele Dhladhla The Eswatini Revenue Service (ERS) is tightening its grip on tax defaulters, with the latest move being the monitoring of transactions in real time to detect anomalies…

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