AGP Executive Report
Last update: 7 hours agoBusiness & Finance: The Central Bank of Eswatini extended technical support to EswatiniBank for another 12 months, with CBE COO Mfan’fikile Dlamini seconded from October 1 to help implement the turnaround plan. Banking Court Fight: eBet directors are in a High Court standoff after an interim order barred director Willem Delport from moving company funds from the FNB Eswatini account without written consent, following allegations of unauthorised transfers totalling E6m. Cost of Living Pressure: The CBE raised the discount rate by 25 basis points to 7.00%, pushing banks to lift prime lending rates to 10.50%, likely increasing loan costs for households and businesses. Governance & Cybersecurity: Police say a suspected third-party gateway may have been used in the National Data Centre cyber incident, with Interpol engaged for technical help. Sports & Pride: Eswatini’s netball stars earned praise after reaching the Africa Netball Cup final, while Siphelelisiwe Nsibandze/Hlobisile Ndlovu won bronze in the Zone VI Beach VB Tour. Community & Culture: Asihlabelele Choral Society marked 50 years of music excellence at SANU, and the Council of Marriage Officers proposes at least 12 pre-marital counselling sessions to curb divorce. Weather: A cold front is set to drop temperatures nationwide, with Mbabane expected around 11°C.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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