#finance

Letshego Granted Provisional License to Launch Digital Bank in Eswatini

Mbabane, Eswatini – The Central Bank of Eswatini (CBE) has officially announced the issuance of a provisional banking license to Letshego Eswatini Bank in-organisation (LEB), marking a significant milestone in the expansion of Eswatini’s digital financial landscape. Currently operating as Letshego Financial Services Eswatini, the institution has been greenlit to transition into a fully operational […]

Staff Reporter19 June 2025

News

Taxpayer Faces Bill of Over E4.7 Million Monthly for Advisory Councils’ Salaries

The taxpayers of Eswatini are set to foot a monthly bill exceeding E4.7 million to cover the salaries of members serving on various advisory councils. This staggering sum, revealed in a legal notice titled “The Prescription of Statutory and Allowances of Emabandla, Commissions and Boards Notice, 2024,” issued by Minister of Finance Neal Rijkenberg, excludes […]

Staff Reporter14 April 2024

Business

Eswatini Braces for Potential Inflation Rise in 2024/25

The Central Bank of Eswatini (CBE) has released its latest Economic Review and Inflation Report, signaling potential challenges ahead for the kingdom’s price stability. While inflation in 2023 remained lower than anticipated at 4.67 per cent, looming factors suggest a possible uptick in the coming year. One of the key concerns highlighted in the report […]

Staff Reporter8 April 2024

Business

IMF Calls for Strengthened Financial Sector Stability in Eswatini

The International Monetary Fund (IMF) has released a technical assistance report highlighting key recommendations to strengthen financial sector stability in the Kingdom of Eswatini. The report focuses on enhancing regulations and establishing a Deposit Protection Fund (DPF) to protect bank depositors in case of a bank failure. One of the primary recommendations from the IMF […]

Staff Reporter8 April 2024

Business

Central Bank of Eswatini Keeps Discount Rate Steady Amidst Economic Review

Mbabane – Following a comprehensive review of prevailing economic conditions, the Central Bank of Eswatini (CBE), together with the Monetary Policy Consultative Committee (MPCC), opted to maintain the discount rate at 7.50 per cent. The decision was announced during the Monetary Policy Statement on 28th March 2024, after careful consideration of global, regional, and domestic […]

Staff Reporter7 April 2024

Business

Central Bank of Eswatini Enhances Small-Scale Enterprise Loan Guarantee Scheme (SSELGS)

Mbabane – The Central Bank of Eswatini has reinforced its Small-Scale Enterprise Loan Guarantee Scheme (SSELGS), aimed at facilitating lending to small and medium enterprises (SMEs) across the country. This initiative aims to mitigate financial risks for participating financial institutions, including commercial banks and eligible Non-Bank Financial Institutions (NBFIs), thereby encouraging increased lending to SMEs. […]

Staff Reporter7 April 2024

Letshego Granted Provisional License to Launch Digital Bank in Eswatini

Taxpayer Faces Bill of Over E4.7 Million Monthly for Advisory Councils’ Salaries

Eswatini Braces for Potential Inflation Rise in 2024/25

IMF Calls for Strengthened Financial Sector Stability in Eswatini

Central Bank of Eswatini Keeps Discount Rate Steady Amidst Economic Review

Central Bank of Eswatini Enhances Small-Scale Enterprise Loan Guarantee Scheme (SSELGS)

Eswatini Standards Authority to Host Standards Seminar 2026 Focused on Unlocking Export Markets

Standard Bank Eswatini Commits E500,000 to Sponsor Eswatini Investment Conference 2026

Thumo.app in Eswatini: A Young Delivery Platform’s Early Traction, Growing Pains, and Regulatory Questions Ahead

Eswatini Benchmarks with Kenya on Electric Mobility Policy