Wednesday, September 23, 2020
Economy
SRA misses revenue collection target by E0.883 billion
Mbabane: It looks like the SRA started counting its losses from the last financial year (2018/19) where it collected 9.0...
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SRA contributes towards reducing reliance on SACU – S’thofeni
Mbabane: The Eswatini Revenue Authority (SRA) has meaningfully contributed towards reducing the country’s reliance on Southern African Customs Union (SACU)...
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FNB stops 3- month debt Relief repayment holiday
Mbabane: The First National Bank Eswatini (FNB) has issued an order directing its customers who applied for the bank’s Covid-19...
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Central Bank Governor paints a gloomy economic picture
Mbabane: Official forecasts from the Central Bank of Eswatini are pointing to a gloomy economic outlook in 2020. According to...
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Eswatini receives interest from FDIs to invest E2.6bn, create 3256 jobs
Mbabane: Despite the coronavirus pandemic that has crippled the global economy and resulted in the stalling of investments elsewhere in...
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E74 million lost due to forest fires
Mbabane: It has emerged that a total of E74 million has been lost due to fire incidences across the 59...
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CBE to roll out new E50 bank note
Mbabane: The Central Bank of Eswatini (CBE) has announced that it will be releasing a new E50 bank note into...
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World Bank predicts gloomy ‘deep recession’, Eswatini GDP to plunge 2.8%
Mbabane: If the World Bank’s latest economic “baseline” predictions prove correct, 2020 is likely to see world recession records being...
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SRA’s revenue collection target falls 19% as COVID-19 bites
The Eswatini Revenue Authority (SRA) is already counting its losses as a result of the coronavirus’ economic impact as the...
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South Africa begins diesel rationing
Mbabane: South Africa has implemented diesel rationing, as demand recovered more quickly than expected after lockdown The South African Petroleum...
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