{"id":50901,"date":"2024-06-05T06:49:47","date_gmt":"2024-06-05T06:49:47","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/all-news\/inflation-remains-at-4-1-cbe"},"modified":"2024-06-05T07:16:09","modified_gmt":"2024-06-05T07:16:09","slug":"inflation-remains-at-4-1-cbe","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/inflation-remains-at-4-1-cbe","title":{"rendered":"INFLATION REMAINS AT 4.1% CBE"},"content":{"rendered":"

Africa-Press – Eswatini. <\/strong><\/span>The Central Bank of Eswatini (CBE) has decided to maintain the prime lending rate at 11%, despite the nation\u2019s inflation holding steady at 4.1%.<\/b><\/p>\n

This decision, which has remained unchanged since July 2023, means that there will be relief for Emaswati borrowers in various financial institutions.<\/p>\n

Terrance Tfwala, a Financial Literacy Advocate at the Central Bank, explained that despite reports suggesting a 7.5% cap, the prime rate will persist at 11%. This implies that individuals with existing loans will continue to pay the same amount as before.<\/p>\n

Tfwala also mentioned the anticipation surrounding the next committee meeting, speculating that previous decisions might have been influenced by the political climate in South Africa. With elections concluded there, uncertainty looms over what the future holds for Eswatini\u2019s financial policies.<\/p>\n

For More News And Analysis About Eswatini<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eswatini. The Central Bank of Eswatini (CBE) has decided to maintain the prime lending rate at 11%, despite the nation\u2019s inflation holding steady at 4.1%. This decision, which has remained unchanged since July 2023, means that there will be relief for Emaswati borrowers in various financial institutions. Terrance Tfwala, a Financial Literacy Advocate […]<\/p>\n","protected":false},"author":84,"featured_media":50900,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,248,249],"class_list":["post-50901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-eswatini","tag-eswatini"],"yoast_head":"\nINFLATION REMAINS AT 4.1% CBE - Eswatini<\/title>\n<meta name=\"description\" content=\"The Central Bank of Eswatini (CBE) has decided to maintain the prime lending rate at 11%, despite the nation\u2019s inflat ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/inflation-remains-at-4-1-cbe\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INFLATION REMAINS AT 4.1% CBE\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Eswatini (CBE) has decided to maintain the prime lending rate at 11%, despite the nation\u2019s inflat ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/inflation-remains-at-4-1-cbe\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-05T06:49:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-05T07:16:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/06\/sm_1717559080.540415.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"680\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/inflation-remains-at-4-1-cbe#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/inflation-remains-at-4-1-cbe\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"INFLATION REMAINS AT 4.1% CBE\",\"datePublished\":\"2024-06-05T06:49:47+00:00\",\"dateModified\":\"2024-06-05T07:16:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/inflation-remains-at-4-1-cbe\"},\"wordCount\":140,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/inflation-remains-at-4-1-cbe#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/06\/sm_1717559080.540415.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eswatini\",\"Eswatini\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eswatini\/all-news\/inflation-remains-at-4-1-cbe#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/inflation-remains-at-4-1-cbe\",\"url\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/inflation-remains-at-4-1-cbe\",\"name\":\"INFLATION REMAINS AT 4.1% CBE - 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