Business

716 Articles

EIPA attracts E1.85bn new investments in Q2

MBABANE - Eswatini attracted E1.85 billion in new investment projects and E170 million in expansion projects during the second quarter, expected to support...

Eswatini slips to 30th in Africa investment rankings

MBABANE - Eswatini has dropped to 30th position in the 2026/27 edition of Rand Merchant Bank’s (RMB) Where to Invest in Africa report....

FNB launches enhanced eWallet Plus service

MBABANE - FNB Eswatini has launched eWallet Plus, an enhanced version of its eWallet service that expands customers’ options for sending, receiving and...

AfDB backs reforms as arrears fall to E2.7bn in 3yrs

MBABANE - Government arrears have declined to E2.7 billion as Eswatini advances public finance reforms, although outstanding payments remain above the country’s target....

Select’s parent SBC posts mixed interim results

MBABANE – Select’s parent company, SBC Limited reported mixed financial results, with improved performance in lending and after-tax profit, but declining group revenue....

US Embassy to auction vehicles, furniture, electronics

MBABANE - The US Embassy in Eswatini will auction a range of motor vehicles, electronics, household appliances and office furniture this Wednesday. The...

FNB Eswatini appoints Manqoba Shabangu as new Treasurer

MBABANE - FNB Eswatini has appointed Manqoba Shabangu as its new Treasurer, effective October 1, 2026, adding young leadership to the bank’s executive...

DHL, EIPA join forces to prepare MSMEs for export markets

MBABANE - DHL and the Eswatini Investment Promotion Authority (EIPA) have partnered to equip micro, small and medium enterprises (MSMEs) with practical export...

Sugar rush pushes Eswatini’s exports to E4.2bn

MBABANE - Eswatini’s exports rose by 14.1 per cent to E4.2 billion in September 2026, driven by stronger sugar and soft drink concentrate...

Oracle Insurance revenue jumps to E202.6m

MBABANE - Oracle Insurance and Oracle Life have reported a significant improvement in financial performance, with combined revenue increasing to E202.6 million for...

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Socialites, banker arrested in E396 000 fraud case

MANZINI – Two socialites and a banker have been arrested in connection with an alleged fraud involving more than E396 000. The accused...

34 cops graduate in police science

MANZINI – Thirty-four police officers have graduated with diplomas in Police Science as the police service seeks to strengthen its response to emerging...

MaMkhize back for ‘Bull’ after China trip

MBABANE – Mbabane Highlanders AM president Shauwn ‘MaMkhize’ Mkhize is back home after a business trip to China, declaring that her presence is...

Bishop Vusumuzi Makuluve confirms separation from wife

MANZINI – Founder and senior pastor of God Cares Christian Fellowship, Bishop Vusumuzi Makuluve, has confirmed the end of his marriage to Nolwazi...

Eswatini repatriates 11 third-country nationals

MBABANE – Eswatini has repatriated 11 third-country nationals since July 2025 under an arrangement with the United States Government. The latest to return...