Eswatini economic and financial sector developments

Eswatini is experiencing various developments across its business, sports, and financial sectors. In the industrial sector, Ubombo Sugar is executing a E2.8 billion investment programme, which includes a sugar factory expansion and the development of a 40-megawatt electricity generation plant expected by 2028.

The sports sector is seeing efforts toward commercial sustainability, with the Premier League of Eswatini partnering with Radison Global Investment to attract South African sponsors. Additionally, a South African mining investor has expressed interest in the Mbabane Swallows football club, though further investment is contingent on resolving internal leadership disputes.

In the financial sector, the Eswatini Stock Exchange has launched ‘Kwakhanya 2030’, a five-year strategy to deepen capital markets through corporate bonds and equity listings. The exchange is advocating for a National Capital Markets Master Plan to coordinate with government and regulatory bodies. Concurrently, Eswatini Bank is seeking new leadership for its Board of Directors to improve corporate governance and manage digital and regulatory changes.