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IDCE ASSET BASE GROWS TO E1.2BN

BY MBONO MDLULI MBABANE – The Industrial Development Corporation of Eswatini (IDCE) keeps growing, as its asset base is now at E1.2 billion. According to a statement sent to this publication, this is one of the highlights that have been achieved by the company, since it was formed in 1987. The asset base has grown […]

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INFLATION REMAINS AT 4.1% CBE

By Banele Magongo MBABANE -The Central Bank of Eswatini (CBE) has decided to maintain the prime lending rate at 11%, despite the nation’s inflation holding steady at 4.1%. This decision, which has remained unchanged since July 2023, means that there will be relief for Emaswati borrowers in various financial institutions. Terrance Tfwala, a Financial Literacy […]

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ESWATINI EMBRACES AfCFTA PROGRESS

By Banele Magongo MBABANE – The African Continental Free Trade Area (AfCFTA) meeting with the private sector has started. Principal Secretary in the Ministry of Commerce, Industry and Trade Siboniso Nkambule, represented by Under Secretary Cebile Nhlabatsi officially opened the meeting held at the Royal Villas which will run for two days. “His Majesty’s Government […]

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