Business

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Eswatini revises 2027 growth outlook upward

MBABANE - Economic growth for 2027 has been revised upward to 3.9 per cent, a notable increase from the previous projection of 1.6...

Coal-fired power station planned for St Philips

MBABANE - Kanona Power Station Eswatini (Pty) Ltd has announced plans to establish a coal-fired power station near St Philips.According to a public...

Tribunal voids ERS’s E4.37m penalties on fuel retailer

MBABANE - The Revenue Appeals Tribunal has set aside E4 377 104.84 in fuel tax penalties imposed by the Eswatini Revenue Service (ERS)...

MSMEs welcome CBE policy as growth support

MBABANE – The micro, small and medium enterprises (MSMEs) sector has welcomed the Central Bank of Eswatini’s latest monetary policy stance.The sector described...

ESCC approves PSPF-Tambuti deal, 7 other mergers

MBABANE – The Eswatini Competition Commission (ESCC) concluded a busy third quarter for the 2025/26 financial year, approving several high-profile mergers between September...

‘Made in Eswatini’ trademark gets legal protection

The ‘Made in Eswatini’ mark has officially been registered as a trademark, marking a major milestone in the formalisation, protection and commercialisation of...

CBE posts 5.9% asset growth amid infrastructure investment

MBABANE - The Central Bank of Eswatini (CBE) recorded a 5.9 per cent increase in total assets in the year ended December 31,...

Ubombo Sugar advances sustainable farming with drone technology

MBABANE - Ubombo Sugar Limited has taken a major step towards modern, sustainable agriculture after successfully completing its first-ever drone planting trial.This marked...

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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...

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...

DNA plan could swallow E126m of Home Affairs budget

MBABANE – Making DNA testing compulsory before issuing birth certificates could cost taxpayers about E126 million annually, enough to fund free Grade I...

Shembe forgives Zulu King after video fallout

MBABANE – Members of the Nazareth Baptist Church in Eswatini have rallied behind His Holiness Unyazi Lwezulu Shembe after he publicly forgave Zulu...