The African Development Bank (AfDB) is funding feasibility studies for implementing Eswatini’s Mkondvo-Ngwavuma Water Resources Enhancement Programme (MNWAP), amounting to about US$ 1.67 million. The latter is also a part of the 2016 Eswatini National Water Resources Management Master Plan, which has identified target sites for constructing various dams. The program also aims to facilitate dam...
bank
The new levy proposed by Martin Dlamini, the Minister of Finance, may see the foreign-owned banks exit from Swaziland. If the new tax is made to the law, banks in the kingdom will be required to pay 2.5 percent of their annual revenue to the King Mswati III led government. The chief executive officer of Standard Bank, Mr. Mvuselelo Fakudze, revealed that most banks in Swaziland would be closed by their...