AGP Executive Report
Last update: 5 hours agoCentral Banking & Reserves: The Central Bank of Eswatini says it now holds gold reserves worth E195 million, adding 2,500 ounces in July 2025 to diversify and protect national assets, with gross official reserves averaging E11.5 billion in 2025. Food & Manufacturing Costs: Tiger Brands warns consumers may face higher prices as fuel, logistics and raw material costs squeeze manufacturers, with some categories like mayonnaise likely to see cost-push increases. Tax & Digital Skills: Eswatini Revenue Service (ERS) signed an MoU with the University of Eswatini to train 650 ERS employees in AI literacy via the UNESWA AI Academy. Creative Industries Funding: ESWACOS launched a Fund for Creativity and Artist Development under the Creative Industries Development Fund, offering up to E5,000 per project for music, film, literature and related copyright work. Aviation & Infrastructure: ESWACAA and SASO hosted an ICAO regional workshop on Aircraft Classification Rating/Pavement Classification Rating to help harmonise standards and support trade and connectivity. Regional Fisheries Governance: SADC renewed the board of the Regional Fisheries Monitoring Control and Surveillance Centre, keeping Eswatini’s Boy Ronald Mavuso on the board as the region pushes back against illegal fishing. Tourism & Services: MTN Bushfire Festival drove major border and airport traffic, with Ngwenya Border Post recording 12,517 arrivals and the event estimated to generate about E121 million annually.
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