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BY SIFISO NHLABATSI MBABANE – Eswatini’s debt position remains within manageable levels as government continues to maintain fiscal stability while addressing outstanding supplier payments through strategic funding interventions. The Minister of Finance Neal Rijkenberg has moved to reassure the nation that although government continues to borrow to meet its obligations the country remains in a […]
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BY SIFISO NHLABATSI MBABANE – Minister of Finance Neal Rijkenberg has warned Emaswati not to fall victim to sophisticated artificial intelligence (AI)-generated investment scams that falsely portray him endorsing companies and promising lucrative financial returns. Rijkenberg said fraudsters are manipulating genuine videos from the Ministry of Finance’s Finance in Focus programme using AI technology to […]
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… CBE insists tender followed all legal requirements … 30% local participation rule remained non-negotiable … Bank says E2.79 billion project on track … Warns against anti-investor narratives … Eswatini remains open for business BY MBONGENI NDLELA MBABANE – Central Bank of Eswatini (CBE) Governor Dr Phil Mnisi has come out strongly in defence of […]
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Increase strengthens government finances as Rijkenberg says stabilisation fund could reach E2 billion BY MBONGENI NDLELA MBABANE – Eswatini is set to receive E11.7 billion in Southern African Customs Union (SACU) revenue this financial year, giving the country a stronger fiscal position than initially projected in the national budget. Minister of Finance Neal Rijkenberg revealed […]
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BY MBONGENI NDLELA SIBEBE RESORT – Central Bank of Eswatini Governor Dr. Phil Mnisi has assured the nation that Eswatini Bank remains stable and operational despite challenges that prompted the regulator to deploy a consultant to support a structured transformation programme. Addressing concerns raised by journalists during the Governor’s Annual Media Engagement Session at Sibebe […]
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BY MBONGENI NDLELA MBABANE – Central Bank of Eswatini (CBE) Governor Dr. Phil Mnisi has called for the removal of trade barriers across Africa, arguing that economic growth, investment and prosperity can only flourish when countries make it easier for people, goods and capital to move freely across borders. Responding to questions from editors and […]
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Movable assets set to unlock financing Reforms aim to deepen financial inclusion New registry to unlock access to credit BY MBONGENI NDLELA MBABANE – The Central Bank of Eswatini is advancing plans that could transform financial inclusion in the country through the establishment of eight cooperative banks, a move expected to broaden access to financial […]
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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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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 […]
Continue Reading 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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