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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.

570 Articles
During a visit to the nearly completed processing facility in Matsapha on Monday, Minister of Commerce, Industry and Trade Manqoba Khumalo welcomed the investment, describing it as a strategic addition to the country's manufacturing and export base. (Pics: Ministry of Commerce, Industry and Trade)
Business

Macadamia processing plant boosts Eswatini’s export ambitions

MATSAPHA – Eswatini’s rapidly expanding macadamia industry is poised for a major growth as Elangeni Food Group moves closer to commissioning its processing...

Real GDP Growth by Country, 2021-2027
Business

Eswatini among southern Africa’s fastest-growing economies

MBABANE – Eswatini is expected to remain among Southern Africa’s strongest-performing economies this year, with African Development Bank projections placing the kingdom third...

PAYE and individual tax contributions to total PIT collections
Business

ERS coming for high-net-worth individuals

MBABANE – Eswatini Revenue Service (ERS) is seeking to ensure wealthy individuals contribute fairly to national development while strengthening domestic revenue mobilisation. Eswatini...

External public debt service (principal and interest) as percent of government revenue, period average (Southern Africa).
Business

SA economic woes cast shadow on Eswatini 

MBABANE – Eswatini remains one of Southern Africa’s stronger fiscal performers, although slowing growth in South Africa continues threatening the kingdom’s medium-term economic...

The two-day regional meeting has brought together heads of banking supervision, financial stability experts and central bank officials from across the Southern African Development Community (SADC) to deliberate on emerging financial sector risks, regulatory reforms and regional cooperation.(Pics: Nhlanganiso Mkhonta)
Business

SADC banks resilient despite global economic pressures

EZULWINI – Regional banking systems have remained sound and well-capitalised despite mounting economic pressures, but Central Banks must remain vigilant through proactive supervision...

The proposed waiver would enable the first disbursement of the loan and allow work to commence on the project's main conveyance infrastructure after months of delays.(File pic)
Business

AfDB waiver sought to unlock MNWAP Phase 1B

MBABANE - Government has asked the African Development Bank (AfDB) to waive two key loan conditions delaying the release of funding for Phase...

The government's immediate focus remains on completing ongoing projects and handing them over to prospective investors.
Business

Jonsson Workwear factory ready, machinery installation next month

MBABANE - Minister for Commerce, Industry and Trade Manqoba Khumalo has provided an important update on the construction of the much-anticipated Jonsson Workwear...

Business

RESCorp sweetens diversification with E1m butchery venture

MBABANE – What began as a sugar producer has evolved into one of Eswatini’s most diversified agribusinesses. Royal Eswatini Sugar Corporation (RESCorp) has...

Business

Mixed assets going under hammer tomorrow

MBABANE – Prospective buyers will have an opportunity to bid for a wide range of vehicles, building materials and other valuable assets tomorrow....

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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...

I don’t have money to compensate them – Polycarp

MONENI – Moneni overseer Prince Polycarp says he does not have the money to compensate the over 200 new homesteads that were settled...

Each MP set for E1m handshake

MBABANE – When the 12th Parliament assumed office in 2023, an ordinary Member of Parliament (MP) was earning a basic monthly salary of...