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Home Business Banking

Central Bank monitoring closely Trump’s trade tariffs

Nkosingiphile Myeni by Nkosingiphile Myeni
May 22, 2025
in Banking, Economy
Reading Time: 1 min read
0
CBE Deputy Governor Felicia Dlamini-Kunene

CBE Deputy Governor Felicia Dlamini-Kunene

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EZULWINI – The Central Bank of Eswatini (CBE) is closely monitoring developments that come after the United States of America U.S. President Donald Trump’s administration.

This comes after the CBE Governor, Dr Phil Mnisi, delivered his 2025 Annual Monetary Policy Statement on Thursday where the rationale of the bank was unpacked. 

The address talks of changes in domestic, regional and international economies where it was emphasised that constant monitoring of development was essential as well as its promptness.

The CBE Deputy Governor Felicia Dlamini-Kunene said formulation and implementation of appropriate monetary policies was essential.

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“Ladies and gentlemen, I would also like to assure you that the bank remains proactive in assessing the potential impact and implication of the U.S. trade tariff on the domestic economy and within its jurisdiction. Hence the bank stands ready to intervene where possible, within its jurisdiction,” the deputy governor said while moderating the address.

CBE also said that it was fostering stronger coordination of the monetary and financial policy, that structural policies are in place to support the monetary and fiscal policies to ensure resilience of the economy to shocks. 

Nkosingiphile Myeni

Nkosingiphile Myeni

Nkosingiphile brings extensive experience as a journalist, complemented by a background in public relations within the civil society sector. This unique combination equips him to report effectively on community development stories. His focus on politics and court reporting enables him to deliver insightful analysis on issues that matter most to the public. Together, these skills strengthen his ability to inform and engage audiences on critical topics.

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