HMCS MUST EXPLAIN RELEASE OF E20M INSTEAD OF E9.4M – FINANCE MINISTRY

BY THEMBA ZWANE LOBAMBA – The Ministry of Finance informed the Public Accounts Committee (PAC) that His Majesty’s Correctional Services (HMCS) must explain why E20 million instead of E9.4 million requested appropriation budget was released by the portfolio. The corrections department is under the Ministry of Justice and Constitutional Affairs and appeared before the committee […]

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GOVT INTRODUCES DIGITAL VAT SYSTEM TO BOOST REVENUE COLLECTION

BY MBONO MDLULI MBABANE – Government is preparing to introduce a new electronic tax monitoring system designed to strengthen Value Added Tax (VAT) collection, improve transparency and ensure more revenue is available to fund essential public services across the country. Finance Minister Neal Rijkenberg announced the initiative during Thursday’s #FinanceInFocus bulletin, describing it as a […]

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NEAL WARNS EMASWATI AGAINST RISING ONLINE SCAMS

Finance Minister Neal Rijkenberg says fraudsters are increasingly impersonating banks and government institutions online, urging emaSwati to verify information before sharing personal details or sending money. BY MBONO MDLULI MBABANE – As digital technology continues to transform communication and financial transactions in Eswatini, Finance Minister Neal Rijkenberg has called on emaSwati to remain vigilant against […]

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ESWATINI PROJECTS 5% ECONOMIC GROWTH

Inflation Declines as Economic Stability Improves Private Sector Credit Growth Boosts Confidence Strong Financial Sector Supports 2026 Outlook BY MBONGENI NDLELA MBABANE – Eswatini’s economy is projected to remain on a positive growth path in 2026, supported by improving financial stability, moderating inflation, stronger private sector activity and rising investor confidence. According to the Central […]

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MEGA INFRASTRUCTURE PROJECTS DRIVE ESWATINI GROWTH MOMENTUM

BY MBONGENI NDLELA MBABANE – Large-scale infrastructure and energy projects are emerging as key drivers of Eswatini’s economic growth and transformation, according to the Central Bank of Eswatini’s 2026 Governor’s Annual Monetary Policy Statement. The report highlights that major public and private sector investments are stimulating construction activity, supporting employment creation and generating positive spillover […]

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