Business

614 Articles

Foundry, Manzini Mall projects signal industrial growth push

MBABANE - Government’s industrialisation drive received another major boost on Wednesday, following the commissioning of the E700 million Eswatini Metal Foundries project at...

EWADE’s LUSIP transforming rural livelihoods – ABF Sugar CEO

BIG BEND - The multibillion Lower Usuthu Smallholder Irrigation Project (LUSIP) Phase I and II has received strong international recognition.Kenward, who is the...

ESE bond market expands amid stable equities

MBABANE - The Eswatini Stock Exchange (ESE) recorded notable growth in its debt market during April 2026, with both corporate and government bonds...

3 000 jobs as WHBO, J&E advances E2bn Manzini Mall

EZULWINI - Up to 3 000 jobs will be created at the peak of construction during the second phase of the E2 billion...

Muzi Siyaya appointed to lead EIPA Board

MBABANE - Government has appointed Muzi Siyaya as the new Chairperson of the Board of the Eswatini Investment Promotion Authority (EIPA).The announcement was...

ERS turns to technology amid E4.25bn annual tax gap

EZULWINI – The Government of Eswatini has intensified efforts to plug an estimated E4.259 billion annual tax leakage through the introduction of a...

Climate-smart irrigation key to sugar industry survival – EWADE CEO

SIMUNYE – Climate-smart agriculture, irrigation expansion and stronger partnerships between government, financiers and agribusinesses will be critical in securing the future of the...

Value addition, diversification, innovation key to future growth

SIMUNYE – The local sugar industry players have declared value addition, diversification and innovation as critical components for future growth amid mounting global...

Private sector credit hits record E23.2bn

MBABANE - Eswatini’s private sector credit has surged to a historic high of E23.2 billion, signalling growing economic activity across key industries despite...

CBE holds E195m gold reserves

EZULWINI – The Central Bank of Eswatini (CBE) has revealed that it currently holds 2 500 ounces of gold valued at approximately E195...

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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...

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...

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...

Hitman, healer at centre of State’s murder case against Mashumi

MBABANE – A suspected hitman and a traditional healer are at the centre of the State’s case against Mashumi Andreas Shongwe. The two,...

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...