Business

585 Articles

PSPF investment income surges to E3.4bn

MBABANE – The investment arm of the Public Service Pensions Fund (PSPF) delivered a strong financial performance during the fourth quarter of the...

ESE tops E7bn despite trading slowdown

MBABANE – Eswatini’s stock market demonstrated remarkable resilience during the second quarter of 2026, with the value of companies listed on the Eswatini...

E7.4bn projects enter implementation phase, to create 4 850 jobs

MBABANE - Five major investment projects worth E7.4 billion have transitioned from planning to implementation through EIPA, with the developments expected to generate...

Eswatini Sugar sweetens economy with E8bn revenue

MBABANE - Eswatini’s sugar industry proved its resilience against the most challenging global trading environments in recent years. The sugar industry generated E8...

Trade deficit widens to E397.6m in June

MBABANE – Eswatini’s merchandise trade deficit widened to E397.69 million in June 2026, as import growth continued to outpace exports. This was despite...

FNB takes SME support directly to regions

MBABANE – FNB Eswatini is expanding its support for the country's small businesses beyond the banking hall, with the launch of a nationwide...

FDI inflows plunge to E810m in 2025

MBABANE – Eswatini attracted approximately E810 million (US$45 million) in foreign direct investment (FDI) during 2025, marking a sharp decline from the E2.41...

EIPA defers 2nd Investment conference

MBABANE – Government has postponed the highly anticipated second edition of the Eswatini Investment Conference, with new dates expected to be announced after...

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Maloma Colliery calls for calm as wage talks continue

MBABANE - Maloma Colliery Ltd has offered employees a cumulative nine per cent salary increase over two years, but wage negotiations have reached...

Bugwadla, infidelity won’t get you to hell – pastor

LOBAMBA – For many preachers, there is only one place for people who engage in bugwadla (habitual sexual misconduct) and kuphinga – hell....

E2bn Chinese fraud suspect fears death penalty

MBABANE – The Chinese national, Jin Houyun, who is suspected of involvement in pooling over E2 billion from thousands of investors in China...

Eswatini girls shine at Dance World Cup finals

MBABANE - Eswatini’s young ambassadors represented the nation with flawless charm at the ongoing Dance World finals in Ireland. Talent and Motion shared...

ICC projected to generate E50 million annually

MBABANE – Barely three months after it was commissioned by His Majesty King Mswati III, the Ezulwini Palazzo International Convention Centre (ICC) is...