June 28, 2023
Request For Comments On Central Bank Digital Currency (CBDC)Initial Digital Lilangeni Design Paper The paper is available: Comments Template is available: here The Central Bank of […]
April 3, 2023
On the 31st March 2023, the Central Bank of Eswatini (Bank), together with the Monetary Policy Consultative Committee (MPCC) held a meeting to consider the appropriate […]
March 23, 2023
Transactions
Reporting
System
(CBFETRS)
(Reporting
System)
that
seeks
to
enhance
data
collection
on
trade
activity
involving
foreign
currency
to
inform
and
improve
policy
decisions.
The
reporting
system
will
ensure
that
the
country
data
collection
practices
align
with
Balance
of
Payments
and
International
Investment
Position
Manual
(BPM6)
standards
[…]
March 17, 2023
INTRODUCTION Cryptocurrency scams pose a major risk to your financial security. Scammers will use a variety of strategies to get you to invest in phony or […]
March 10, 2023
SG062 REOPENING, MATURING, 30 SEPTEMBER 2025 – COUPON 9.2596, E50, 000,000 SG063 REOPENING. MATURING, 30 SEPTEMBER 2027 – COUPON 9.5096, E50, 000,000 SG064 REOPENING, MATURING, 30 […]
February 6, 2023
Being indebted, at some point in life, is inevitable. However, what becomes problematic is when taking up debt leads to over-indebtedness. There is an economic and […]
February 2, 2023
The discount rate is the interest rate at which the Central Bank lends money to commercial banks in the country. A change in the discount rate […]
January 18, 2023
KINDLY TAKE NOTICE that the High Court of Eswatini has granted a final liquidation order against SWAZILAND WOMEN’S ECONOMIC EMPOWERMENT TRUST (SWEET) on the 7th December […]
December 9, 2022
The Bank’s 2022 Financial Stability Report is now available. The report, which communicates important issues and assessments on identified risks and vulnerabilities in the financial system, […]
November 25, 2022
Online banking or mobile banking comes to mind when we think of cybersecurity in payments. We do not believe that our bank cards—debit or credit cards—are […]
November 11, 2022
Munich/Mbabane, 18 October 2022 – The Central Bank of Eswatini has partnered with international technology group Giesecke+Devrient (G+D) to research and explore the development of a […]
November 11, 2022
The report provides the broader economic context on the global and domestic economy to provide the public and the economic policy community with a detailed account […]
October 18, 2022
Munich/Mbabane, 18 October 2022 – The Central Bank of Eswatini has partnered with international technology group Giesecke+Devrient (G+D) to research and explore the development of a […]
August 24, 2022
The Central Bank would like to update depositors, members of the public, and various stakeholders on the progress made on the Liquidation exercise of the Swaziland […]
July 20, 2022
The 6th Governor of the Central Bank, Majozi V Sithole, who served the Bank for 9 years, gave a moving speech during his farewell dinner hosted […]
July 20, 2022
It is always in every person’s best interest to save money. This is important because change may happen at times you least expect it. Emergencies, accidents, […]
June 14, 2022
The Bank joined winners of the 2022 Central Banking Awards to accept and celebrate the Website of the Year Award during a virtual awards presentation held […]
April 14, 2022
An age-old mantra, ‘Customer is King’ is every consumer’s favourite expression in the marketplace, yet we often overlook our duties and responsibilities as consumers. The question […]
April 13, 2022
In
the
backdrop
of
the
recent
and
largely
unexpected
developments
in
the
country,
the
Central
Bank
of
Eswatini
(Central
Bank)
wishes
to
acknowledge
the
constraints
and
[…]
April 13, 2022
The
Central Bank
of
Eswatini
wishes
to
notify
members
of
the
public
and
various
stakeholders
of
the
appointment
of
the
Sakimo
Group (Pty) Ltd
as
Liquidators
[…]
March 28, 2022
The Central Bank of Eswatini has now shifted from exchange control regime to financial surveillance to allow a significant aspect of monitoring foreign currency coming in […]
March 28, 2022
The Central Bank of Eswatini has been awarded the 2021 Website of the Year in the Annual Central Banking Awards. This global award recognises outstanding performance […]
February 11, 2022
The outbreak of the coronavirus (COVID-19) pandemic, and the measures taken to contain its spread, have a varied and deep socio-economic impact globally and in Eswatini. […]
December 30, 2021
In todays’ environment, becoming customer-centric is not just a feel-good mantra, but has become a core business requirement. Being customer-centric means embedding customers at the heart […]
December 22, 2021
Overview Cryptocurrencies have attracted enormous attention over the past months and generated much excitement including from investors with limited knowledge of financial products. Cryptocurrencies are digital […]
December 3, 2021
As we enter the festive season, be on the lookout for dye-stained banknotes. Dye-stained banknotes are a result of crime following the breaking of Cash Protection […]
November 24, 2021
Further to the joint statement issued by the Central Bank and FSRA (Regulators) on or about 11 October 2021, on the investigations and engagements with appropriate […]
November 16, 2021
The CBE Currency Museum – an initiative preserving the historical legacy of the Kingdom of Eswatini’s currency, was officially launched by His Majesty King Mswati III […]
October 11, 2021
Together with the Financial Services Regulatory Authority (FSRA), the Central Bank carried out an relating to the Swaziland Women Economic Empowerment Trust(SWEET) and SWEET Micro Finance […]
September 20, 2021
To help improve small and medium enterprises’ access to finance and contribute to job creation, the Minister of Commerce, Industry and Trade, Hon. Manqoba Khumalo relaunched […]
August 23, 2021
Fraudulent Social Media Competition The Central Bank of Eswatini would like to warn the public about a fraudulent message that is currently doing the rounds on […]
August 10, 2021
In 2016, the Central Bank issued Legal Notice No. 147 of 2016 known as withdrawal of Currency (Coins) Notice, 2016. The Legal Notice states that all […]
August 10, 2021
Gross Official Reserves stood at E8.0 billion at the end of July 2021, depicting a decline of 3.9 per cent from June 2021 and growth of […]
August 10, 2021
The public is reminded that the deadline for exchanging the coins minted from 1974 to 2013 is 31st August 2021 and is advised to exchange the […]
August 10, 2021
Are you unhappy with the service or product offered by your Bank? Have you made a formal complaint with your bank and exhausted all available redress […]
August 3, 2021
Inflation forecasts have been revised upwards for 2021 and remain unchanged for the medium term. While the second quarter of 2021 came out lower than previously […]
July 30, 2021
Gross Official Reserves increased by 16.1 per cent month-on- month and 20.4 per cent year-on-year to close at E8.2 billion at the end of June 2021. […]
July 30, 2021
23 July 2021 Interest Rate The CBE maintained the interest rate at 3.75 per cent. Inflation Headline inflation increased to 3.9 per cent in June 2021 […]
July 30, 2021
30 July 2021 In June 2021, the Rand/Lilangeni extended its previous gains against major trading currencies; appreciated by 1.2 per cent against the US Dollar. Credit […]
July 23, 2021
In the backdrop of the recent and largely unexpected developments in the country, the Central Bank of Eswatini (Central Bank) wishes to acknowledge the constraints and […]
July 21, 2021
The Central Bank of Eswatini (CBE) and Eswatini Bankers’ Association (EBA) wish to notify the public of their intention to discontinue cheques as a means of […]
July 13, 2021
Gross Official Reserves increased by 16.1 per cent month-on- month and 20.4 per cent year-on-year to close at E8.2 billion at the end of June 2021. […]
June 24, 2021
In 2019, the Central Bank of Eswatini (the Bank) undertook a review of the mortgage loan processes. This included mortgage-based funding processes, investigation of allegations of […]
April 16, 2021
The Board of Directors, Management and Staff of the Central Bank of Eswatini congratulate His Majesty King Mswati III on the special occassion on His 53rd […]
March 30, 2021
Inflation forecasts have been revised downwards for the short-term but remain on the upward trajectory. The downward revision is as a result of a combination of […]
March 30, 2021
Familiarize yourself with the reprinted E50 to increase confidence and trust in your money. The banknote will be released into circulation next month. Both the old […]
February 15, 2021
As the growing demand for payment solutions and affordable financial products took off worldwide, the Central Bank of Eswatini (CBE) rode on this wave and launched […]
December 8, 2020
Don’t be! Submitting your Know Your Customer (KYC) documentation helps you ensure that no one else apart from you can access your bank or financial institution […]
December 3, 2020
A Memorandum of Understanding (MoU) was signed yesterday between the Central Bank of Eswatini and Eswatini Competition Commission (ECC) to facilitate co-ordination on competition issues within […]
November 27, 2020
Fake banknotes can look so real that one may have trouble spotting the difference between genuine and counterfeit ones, especially if you are not familiar with […]
October 7, 2020
On the 1st of October 2020, the Central Bank of Eswatini (the Bank) in exercise of the powers bestowed upon it by Section 16 of the […]
October 2, 2020
MANZINI – CBE employees posing with children who are beneficiaries of an AMICAALL Soup Kitchen. The Bank and staff members donated 100 shoes, clothes and toys […]
September 25, 2020
Underscoring the Bank’s commitment to supporting disaster relief programmes under its Corporate Social Investment Programme, the Deputy Governor, Felicia Dlamini-Kunene donated 2000 blankets to His Majesty’s […]
September 1, 2020
Now available for download https://bit.ly/2KViiDF Celebrating women in technology, this special issue features our Deputy Governor, Felicia Dlamini-Kunene, who shares insight into women in leadership. The […]
July 6, 2020
The Central Bank of Eswatini(CBE), Financial Services Regulatory Authority (FSRA) and Royal Eswatini Police Services (REPS) have noted with concern the increasing trend of individuals participating […]
June 8, 2020
Central Banks around the world have initiated discussions on the prospects for the introduction of Central Bank-issued Digital Currencies (CBDCs) to improve the efficiency and safety […]
June 1, 2020
Keeping on with the fight against COVID-19, the Central Bank, through its CSI programme, has donated Personal Protective Equipment (PPE) to the Royal Eswatini Police Service. […]
May 8, 2020
Consequent to the reported two suspected cases of COVID-19 infections on 6th May 2020 which resulted in the temporary closure of the Bank Head Office for […]
May 6, 2020
On Tuesday, 5th May 2020 in the late afternoon, two cases of suspected COVID-19 infections were identified at the Mbabane Head Office. The concerned individuals have […]
April 17, 2020
In support of the brave team of health workers and law enforcement officers in the frontline of the fight against COVID-19, the Central Bank has contributed […]
April 7, 2020
The Central Bank of Eswatini, through its Corporate Social Investment programme, has donated E1.3 million towards the COVID-19 national response. The donation was received by His […]
March 26, 2020
To curb the impact of COVID-19, His Majesty’s Government has declared a state of national emergency and further announced a 20 day long partial lockdown. During […]
November 30, 2019
For the month of November, the Central Bank of Eswatini joins the Ministry of ICT, ESCCOM and other partners in commemorating National Cybersecurity Awareness Month(NCSAM).The theme […]
September 13, 2019
When the country was abuzz during the Eswatini International Trade Fair, chanting about Eswatini being Open for Business, the Central Bank of Eswatini joined in and […]
June 12, 2019
Have you been a victim of irregular practice in the repossession of your property? Do you have evidence to support this? Do the available tools to […]
June 2, 2019
Review of the mortgage loan processes and mortgage based funding processes including investigation of allegations of irregular practices by key stakeholders in the mortgage sector with […]
April 15, 2019
The Central Bank of Eswatini wishes to inform the nation and the international community that it is not holding and has never held money from a […]
March 25, 2019
Following an article that was published in the Times of Swaziland Sunday on 20 January 2019, we wish to correct the issues raised therein as follows; […]
February 28, 2019
The Eswatini Economic Policy Analysis and Research Centre (ESEPARC,) the Central Bank of Eswatini (CBE) and the University of Eswatini (UNESWA) successfully held the second Eswatini […]
February 28, 2019
Cyberattacks are a serious threat to all of us. By definition, cyberattacks are criminal activities where services or application in the cyberspace are used for or […]
November 21, 2018
The Central Bank of Eswatini in collaboration with the Financial Services Regulatory Authority (FSRA), Eswatini Communication Commission (ESCCOM) and the Centre for Financial Inclusion (CFI) will […]
October 9, 2018
We called for the 2018 CBE FinTech Challenge proposals and your responses exceeded our expectations. Congratulations to everyone who submitted their applications. The deadline for applications […]
June 7, 2018
Given a note stained with dye, would you know what to do? With the rising occurrence of Automatic Teller Machine (ATM) bombings and robberies, would you […]
November 8, 2016
While striving to fulfill its mandate, objectives and mission, the Bank found it prudent to ensure that as all Swazis strive for prosperity, the visually impaired […]
April 26, 2016
The Central Bank of Swaziland wishes to remind members of the general public that the old coin series (dated 2013 backwards) of the 10c, 20c, 50c, […]
November 20, 2015
What is FATCA? FATCA Information Foreign Account Tax Compliance Act was enacted in 2010 subsequent to the 2007 economic recession .It compels Financial Institutions to disclose […]
May 25, 2015
The Central Bank of Swaziland has noted the increasing number of cases of advance fee payment scams popularly known as 419 scams operating in the country […]
October 16, 2014
Statement on the collection and sale of 50th anniversary E5 commemorative coin It has come to our attention that there are people going around the country […]
May 26, 2014
In response to stories that were published by internationally based media such as AFP, SAPA, News 24, Sowetan, ANN7 and Cape Times, to the effect that […]
May 12, 2014
A mission of the International Monetary Fund (IIMF)) led by Mr.. J iro Honda visited the Kingdom of Swaziland during April 28 ‒ May 12 , […]
December 11, 2013
Central Bank of Swaziland (CBS) Governor, Mr. Majozi Sithole, officially opened a strategic planning review workshop of the Corporate Skills Centre (CSC) on Wednesday, 11 December […]
June 10, 2013
Pursuant to Section 8 of the Financial Institutions Act 2005 the Central Bank of Eswatini conducted an investigation on the activities of Cesha Lethu Empowerment Club. […]
June 10, 2013
The Central Bank of Swaziland would like to announce the release of a new version of 20 cents coins. This follows the official withdrawal of the […]
May 18, 2012
(Mbabane) – Central Bank of Swaziland Governor, Mr. Martin Dlamini has presented an armoured vehicle to the Royal Swaziland Police (RSP) to be used by the […]
November 3, 2011
On 3 November 2011, the Central Bank of Swaziland took over as chairperson of the COMESA Committee of Central Bank Governors at a meeting held at […]