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SADC Banks phase out cross-border cheques

Commercial banks in Namibia, South Africa, Lesotho and Swaziland will no longer accept deposits of cheques issued outside the country where the transaction is being conducted, as part of the...

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FNB sees increase in mobile banking uptake

There has been a significant increase in the number of African people using mobile banking services, it has been revealed.South Africa's First National Bank (FNB) explained it saw transactions increase...

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Swaziland receives $25 million loan to boost investment and job creation

The World Bank has announced it has approved a $25 million (€23.7 million) loan to the Kingdom of Swaziland to help improve the environment for private sector development and catalyse new...

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Mauritius and Swaziland sign cooperation agreement on financial services

The Financial Services Commission (FSC) of Mauritius and the Financial Services Regulatory Authority of Swaziland (SFAR) have signed a Memorandum of Understanding on the exchange of information and...

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Swaziland: Government pressing to add depth and liquidity to stock market

Amid growth concern confronting Swaziland, the minister of finance Dlamini Martin disclosed that the nation is in the process of reorganizing the stock market in a bid to trigger greater efficiencies....

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Swaziland: Mobile money aids financial services penetration

The high mobile money penetration in Swaziland has aided in the penetration of financial services in the country, as revealed by a recently concluded study conducted by FinMark Trust. According to the...

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