AGP Executive Report
Last update: 10 hours agoMonetary Policy Shock: The Central Bank of Eswatini raised its discount rate by 25 basis points to 7.00%, pushing commercial banks to lift prime lending to 10.50% and raising borrowing costs for households and businesses. Digital Services Disruption: The National Data Centre was hit by an incident, disrupting at least 12 government platforms including Government in Your Hand, e-Visa, company registration, IFMIS and the Elderly Grant system; RSTP says it’s not confirmed as a hack or ransom demand. Water & Climate Resilience: Eswatini is accelerating basin projects through INMACOM alignment workshops, including the Mpakeni Dam plan and the Lomati Farmwise smart agriculture project, while 2,300 people in Ebulekeni benefit from a solar-powered water scheme with 55 communal taps. Consumer Protection Win: The Eswatini Competition Commission earned an honourable mention at the World Bank/ICPEN Consumer Protection Awards for its G-CARRI grassroots recourse and redress initiative. Agriculture Tech Support: NMC donated 20 digital soil testers to speed up field soil testing and reduce delays and travel burdens for farmers. Industry & Innovation: IndabaX Eswatini 2026 showcased young innovators using AI for business cashflow checks and cattle skin disease diagnosis, signalling practical tech uptake.
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.