Business

689 Articles

Eswatini, Egypt discuss cooperation, gold bank initiative

MBABANE - The Central Bank of Eswatini and Egypt have explored closer banking cooperation, focusing on cross-border payments, financial integration, gold reserves and...

SBS conversion drives NBFI assets’ E2bn drop

MBABANE – The non-bank financial institutions (NBFI) sector has recorded a nominal E2 billion decline in total assets following the reclassification of Swaziland...

Lidwala leads short-term insurance sector

MBABANE – Lidwala Insurance has overtaken long-time market leader Eswatini Royal Insurance Corporation (ESRIC) to become the largest short-term insurer by gross written...

CBE holds rates as borrowing accelerates

MBABANE – The Central Bank of Eswatini (CBE) has maintained its discount rate at 6.75 per cent for the eighth consecutive monetary policy...

Export-driven Melane Leather crowned Hhohho’s finest enterprise

EZULWINI - A decade ago, Dumsile Simelane was operating with just three machines and a dream to turn her passion for fashion into...

Eswatini, SA, Moz push tripartite SEZ integration

MBABANE – Eswatini is advancing an ambitious regional economic integration initiative that could transform the country into a key manufacturing hub. This would...

Competition Commission clears E4.96bn mergers in Q1

MBABANE- The Eswatini Competition Commission (ESCC) approved six merger and acquisition transactions worth more than E4.96 billion during the first quarter of the...

Public debt climbs by 2.2% to E42.1bn

MBABANE – The country’s public debt rose by 2.2 per cent to E42.1 billion at the end of June 2026. It was driven...

Exports fall for 3rd consecutive month

MBABANE- Eswatini’s exports have declined for the third consecutive month in June. Eswatini’s trade deficit narrowed slightly in June despite the exports falling...

Private sector credit rises to E23.9bn on stronger business, household borrowing

MBABANE – Credit extended to Eswatini's private sector climbed to E23.9 billion at the end of May 2026. This was driven by stronger...

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MaMkhize’s Bull faces police test

MBABANE – Shauwn ‘MaMkhize’ Mkhize’s Mbabane Highlanders AM face their sternest MTN Premier League test yet when they meet Royal Leopard at Mayaluka...

Eswatini’s fastest lady honoured at TUT sports awards

MBABANE – Eswatini's fastest lady Bongiwe 'Smolly' Mahlalela has been crowned Sportswoman of the Year at the prestigious Tshwane University of Technology Sports...

Standard Bank brings back Instant Money

MBABANE - Standard Bank Eswatini is bringing back its Instant Money service, four years after replacing it with Unayo, with customers now being...

FNB demands over E14 million from two ex-employees

MBABANE – First National Bank (FNB) has instituted High Court proceedings against two of its former employees, seeking more than E14 million in...

Eswatini now imports building blocks

MBABANE – The construction industry and the entire economy of the country are under siege. It has emerged that Eswatini has been importing...