Home Business Minister hails progress on new factory projects
Business

Minister hails progress on new factory projects

Share
Minister for Commerce, Industry and Trade Manqoba Khumalo (3rd L) during the site visit at Ngwenya Factory. (Pics: Courtesy)
Share

MBABANE – Minister for Commerce, Industry and Trade, Manqoba Khumalo, has expressed satisfaction with the progress of two major factory projects in Pigg’s Peak and Ngwenya.

The minister visited the Pigg’s Peak Factory construction site last Friday and was pleased to report that earthworks are nearly complete, with the steel structure scheduled to be erected before the end of the year.

Valued at E135 million, the Pigg’s Peak facility will be occupied by Far East Textiles, a locally-owned textile company led by prominent businesswoman Tokky Hou. The factory is expected to create 1 000 jobs, providing a major boost to local employment and the surrounding community.

“This marks an important milestone in advancing industrial development and creating opportunities for our people,” Khumalo said, praising the dedicated efforts of the Microprojects team and the contractor to keep the project on track.

Later in the day, the minister visited the Ngwenya Factory site, which is also progressing smoothly with completion expected by June 2026.

The project, worth E77.6 million, will be occupied by Kellogg-Tolloram, a key investor in Eswatini’s manufacturing sector. The facility will manufacture bleach, further diversify its product offerings and strengthen the country’s industrial base.

Full article available in our publication.

Share
Written by
Nhlanganiso Mkhonta

Nhlanganiso Mkhonta serves as Business Editor at the Times of Eswatini. He reports on business, economics, finance, investment, entrepreneurship and public policy, producing insightful coverage and analysis of the issues driving Eswatini’s economy and the wider African business environment.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Chinese nationals challenge re-arrest

MBABANE - The 25 foreign nationals from the People’s Republic of China are challenging their re-arrest and detention at Mafutseni Police Station. The...

Customary marriages declared in community of property

MBABANE – The High Court has declared the long-standing practice of treating marriages under Eswatini Law and Custom as being out of community...

Inyatsi Construction building foundations of First World future

For more than four decades, Eswatini has witnessed one of the most significant periods of infrastructure development in its history. Under the leadership...

No more USA Visa processing in Eswatini

MBABANE – In a move that will significantly alter travel logistics for Eswatini nationals, the United States Embassy in Mbabane will cease accepting...

King moves to save Ncangosini residents from eviction

KONTSHINGILA – Hundreds of residents living on a privately owned farm at Ncangosini, Kontshingila, are set to be spared from eviction after an...

Related Articles

Eswatini among southern Africa’s fastest-growing economies

MBABANE – Eswatini is expected to remain among Southern Africa’s strongest-performing economies...

ERS coming for high-net-worth individuals

MBABANE – Eswatini Revenue Service (ERS) is seeking to ensure wealthy individuals...

SA economic woes cast shadow on Eswatini 

MBABANE – Eswatini remains one of Southern Africa’s stronger fiscal performers, although...

SADC banks resilient despite global economic pressures

EZULWINI – Regional banking systems have remained sound and well-capitalised despite mounting...