Business

615 Articles

Eswatini to benefit from World Bank’s over E200m power project

MBABANE – Eswatini stands to benefit from strengthened regional electricity reliability and affordability following the World Bank’s approval of a US$12 million (over...

Corruption levels worrying – Ubombo MD

MATSAPHA – Ubombo Sugar Limited Managing Director Muzi Siyaya has issued a strong warning that corruption in Eswatini has reached ‘worrying levels’.He said...

Nkonyeni Pre-Cast revenue falls 7% amid strategic restructuring

MBABANE - Nkonyeni Pre-Cast Limited (NPC), one of the companies listed on the Eswatini Stock Exchange, has reported a 7 per cent decline...

E3.5bn co-operative sector eyes new bank

MBABANE – Eswatini’s Cooperative sector, which now collectively manages assets valued at over E3.5 billion, is taking a major step towards deepening financial...

Regional Customs address narcotics smuggling, e-commerce

MBABANE – Regional Customs officials are gathered in Eswatini to discuss narcotics trafficking, e-commerce revenue risks, AEO harmonisation and integrity reforms shaping regional...

RATE dismisses food outlet’s E3.1m appeal against ERS

MBABANE - The Revenue Appeals Tribunal Eswatini (RATE) has dismissed an appeal lodged by a restaurant/food outlet against the Eswatini Revenue Service (ERS).The...

How new skills report empowers private sector

MBABANE - The private sector in Eswatini has long wrestled with the widening disconnect between the skills produced by higher education institutions and...

Non-bank financial sector assets soar to E118bn

MBABANE – Non-bank financial institutions (NBFIs) have continued to show resilience and sustained growth, with total assets increasing by 3.56 per cent in...

Southern Africa urged to channel budgets towards job creation

EZULWINI - The 31st Session of the Intergovernmental Committee of Senior Officials and Experts (ICSOE) of Southern Africa has urged governments to boost...

Top corporate minds converge for King V

MBABANE - In just a few days, Eswatini’s corporate community will converge at Esibayeni Lodge (Esangweni) for the much-anticipated ‘All Set for King...

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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...

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...

Sthombesihle: Culture meets couture

From the quiet village of Mbekelweni to the vibrant high-fashion red carpets of Eswatini, Sthombesihle Dlamini is carving out a distinctive space as...