AGP Executive Report
Last update: 5 hours agoPSPF Recovery From Taxpayers: Taxpayers are helping the Public Service Pensions Fund (PSPF) recoup an investment of over E300m tied to a commercial building above the Mbabane bus rank, after government committed to occupy office space—an arrangement criticised as unfair by TUCOSWA. Banking Watch: FNB Eswatini reported profit before tax down 3% to E335.7m for the year to June 30, 2026, even as income rose 9%, with higher impairment charges and operating costs weighing on earnings. Telecoms & Youth: MTN powered UNESWA’s inaugural Kick-Off Carnival at Kwaluseni, boosting student engagement with activities, prizes and music while highlighting MTN’s long-running support for learning. Health Infrastructure: King Mswati III inaugurated the E200m Khanyisile Hee Yeon Medical Centre (phase one E50m) and urged government to ensure sustainability, citing improved access and specialised services. Competition Rules: Eswatini Competition Commission says new COMESA Competition and Consumer Protection Regulations (2025) will reshape enforcement, merger control, consumer protection and penalties—raising compliance demands for businesses. Local Sports & Events: Mbabane Marathon registration opened for Nov 21, 2026, with MTN MoMo increasing sponsorship to E276,000; Red Rhinos also withdrew from a Premier League status deal, citing identity, contracts and registration issues. Business Tech Policy: Business Eswatini and ERS discussed practical concerns for e-invoicing rollout, stressing integration, costs and clear transition guidance. Consumer Awards: Nominations for the Eswatini Lifestyle Awards 2026 open, with voting powered by MTN MoMo at E1 per vote ahead of the Sept 17 ceremony. Security Alert: Police report a Manzini case where a caller posed as police and allegedly stole E118,172.91 from a victim’s bank account.
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.