Approximately 250 kilometers of untarred roads across four regions will be paved using Probase tarring at a cost of E1.6 billion. The project was discussed during a visit by Probase and Exim Bank officials to the King, according to the King's Office. This infrastructure investment improves transport connectivity for residents and businesses across the country's four regions.
Why it mattersThe paving of untarred roads reduces travel time and vehicle wear for commuters and commercial transporters in the four regions.
Members of Parliament have passed a motion to create a fund for collecting levies to fight serious diseases. The motion was moved by MP Marwick Khumalo and seconded by MP Sandile Nxumalo. The fund will provide a dedicated financial stream to procure treatments and resources for patients with critical illnesses.
Why it mattersThe establishment of these levies creates a new funding source specifically for the treatment of serious diseases.
King gives US$1,000 to Eswatini students in Malaysia
Eswatini students studying in Malaysia each received a contribution of US$1,000, or approximately E16,000. Minister for Foreign Affairs and International Cooperation Pholile Shakantu announced the gift during a courtesy call. The funds provide direct financial support for the living and academic expenses of students abroad.
Why it mattersThe payment provides immediate liquidity to students in Malaysia to cover their welfare and educational costs.
Comrades Marathon offers E8.9m purse for Eswatini athletes
A prize purse of E8.9 million is available for elite Eswatini athletes in the 100th Comrades Marathon. The centenary edition of the ultramarathon is scheduled for June 13, 2027, according to an announcement at Kings Park Rugby Stadium. The prize money provides a financial incentive for elite runners to enter the centenary event.
Why it mattersThe E8.9 million purse allows elite athletes to pursue professional training and competition in the centenary ultramarathon.
SBS Bank Eswatini will hold its first annual general meeting on September 4, 2026, at the Royal Villas Hotel. The meeting follows the institution's transition from the Swaziland Building Society into a commercial bank, according to the Times of Eswatini. This transition allows the bank to offer a broader range of commercial banking services to its customers.
Why it mattersThe conversion to a commercial bank enables the institution to provide expanded financial products beyond those of a building society.