Business

583 Articles

ESE-listed NPC strengthens margins amid revenue dip

MBABANE – ESE-listed Nkonyeni Pre-Cast Limited (NPC) has reported a year of improved operational efficiency, reduced losses and stronger gross margins.This is despite...

Textile sector targets new markets

MBABANE – Eswatini’s textile and apparel industry is entering a period of rapid transition, as global trade rules shift and regional competitors intensify...

Concerns over uncontrolled grain imports

MBABANE – Minister for Agriculture Mandla Tshawuka has expressed concern that NMC is expected to protect Eswatini’s grain markets while lacking the authority...

ESERA revenue up 0.3% to E48.87m

MBABANE - The Eswatini Energy Regulatory Authority (ESERA) has reported stable financial performance for the 2024/25 financial year. The energy regulator recorded a...

EWADE sugar cane farmers share E74m dividends

MBABANE – Sugarcane-growing communities under the Eswatini Water and Development Enterprise (EWADE) have reaped one of their strongest financial performances to date.This was...

Only 3 of 13 fuel wholesalers have storage

MBABANE - Eswatini’s fuel security remains under serious strain as only 3 out of 13 licensed petroleum wholesalers currently operate functional fuel storage...

US Embassy’s massive auction back on Wednesday

MBABANE – Once again, the US Embassy has instructed Rexy’s Investments (Pty) Ltd to conduct a major public auction that will feature quality...

Casino wins against ERS in E10.6m landmark tax appeal

MBABANE - The Revenue Appeals Tribunal Eswatini (RATE) has delivered a decisive victory to a popular hotel and casino establishment at the Ezulwini...

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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...