Africa-Press – Eswatini. Eswatini is set to receive E2.65 billion in Southern African Customs Union (SACU) revenue in October, providing a crucial boost to the nation’s finances.
Minister of Finance Neal Rijkenberg confirmed to Eswatini Positive News that the payment will arrive in the second week of the month, between the 7th and the 10th, in line with the usual quarterly disbursement schedule.
Timely Disbursement of SACU Funds
The Minister emphasized that this allocation is part of government’s regular revenue flow and will be directed toward pressing financial obligations.
“The money is already in motion and will be applied towards priority areas, including the repayment of advances from the Central Bank and ensuring timely salary payments,” Rijkenberg said.
Comparing This Year to Last
Rijkenberg acknowledged that while this year’s SACU inflows are lower than the previous fiscal year, government planning has helped shield the economy from volatility.
Last year, Eswatini received approximately E13.06 billion in SACU revenue. In contrast, the current year is expected to bring E10.4 billion.
However, because of the SACU Stabilisation Fund, a fiscal buffer created last year, the impact of the decline has been softened.
“Last year, we deliberately set aside funds for stabilization, budgeting to spend E11.5 billion out of SACU while saving the excess. This year, we budgeted for E11.4 billion, and we are now drawing from that stabilization fund to make up the difference,” the Minister explained.
A Positive Outlook Ahead
Despite the reduction in this year’s receipts, projections for the coming fiscal year are encouraging. Initial figures suggest an upward trend, with SACU revenues estimated at around E10.65 billion for 2026.
“These projections will be verified and confirmed by December 2025,” Rijkenberg noted, signaling optimism that the region’s economic recovery will translate into better customs revenue for Eswatini.
Ensuring Stability and Growth
The Finance Minister reassured the nation that the funds will be put to work responsibly. Beyond clearing Central Bank advances, government intends to use the money to catch up on arrears and strengthen fiscal discipline. This careful balance, Rijkenberg stressed, is central to building investor confidence and ensuring government can deliver on its obligations to citizens.
“Eswatini is demonstrating financial prudence. By saving during times of plenty and drawing wisely when revenues dip, we are showing that our economy can withstand shocks while still funding essential services,” he said.
Eswatini’s Fiscal Path Forward
The Minister’s remarks reflect a broader theme of resilience and foresight in fiscal management. As Eswatini continues to diversify its economy and deepen regional trade, SACU remains a vital pillar of national revenue. Yet with stabilization measures in place, the government is signaling that it is prepared to smooth out fluctuations and maintain momentum in service delivery and economic growth.
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