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...
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...
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...
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....
FINCORP, IDCE rivalry reshapes development finance landscape
MBABANE - Competition between FINCORP and IDCE has reached unprecedented levels as the two development finance institutions battle for market dominance while expanding...
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...
Don't Miss
Public transport fares could increase by 25%
LOBAMBA – Public transport fares could increase by up to 25 per cent under a proposed adjustment by the Ministry of Public Works...
Freezing cold kills cattle at Hawane
HAWANE – A brutal cold snap has killed cattle in Hawane, leaving smallholder farmers counting losses of more than E60 000. The losses...
ESCCOM probe uncovers E17m paid into personal accounts
EZULWINI – An ESCCOM investigation has uncovered an alleged transfer of about E17 million into personal bank accounts. The purported financial irregularities involve...
Elderly man found dead in forest
MAPHUNGANE – An 80-year-old man from Mhlabubovu, Maphungwane, was found dead in a forest, with residents suspecting he may have succumbed to the...
How patience, passion build an empire
TaphesheyaLukhele is the founder and creative director of CraftyHook, a crochet brand from Eswatini built on creativity, passion and the belief that handmade...
