Business

614 Articles

IMF projects over 4 per cent growth, but not enough…

MBABANE – Eswatini’s economy is expected to grow by 4.3 per cent in 2025 and 4.6 per cent in 2026, but structural reforms...

Eswatini records trade deficit with SA in July

MBABANE – Eswatini recorded a negative trade balance of E41.6 million with its largest trading partner, South Africa, in July 2025. According to...

RESCorp forecasts E519m profit for FY 2025/26

MBABANE - The Royal Eswatini Sugar Corporation (RESCorp) has projected a consolidated profit, before taxation, of approximately E519 million for the current financial...

EWADE: How locals miss out on MNWAP’s millions

MBABANE – EWADE Chief Executive Officer Dr Samson Sithole, has firmly dismissed allegations that the awarding of the E154.8 million contracts to a...

Sugar industry eyes growth despite market, climate pressures

MBABANE - The Eswatini sugar industry, one of the country’s economic cornerstones, is positioning itself for long-term growth amid fluctuating global markets, evolving...

Banks fully back sugar industry growth

MBABANE – The smallholder sugar cane growers of Eswatini are receiving a major boost as financial institutions and industry players rally behind the...

EWADE to spend over E72.7m on resettlement project

MBABANE – EWADE is set to spend E72 752 716.40 on the resettlement of homesteads under the Mkhondvo-Ngwavuma Water Augmentation Programme (MNWAP).This follows the publication...

Eswatini embarks on national e-KYC system

EZULWINI – Eswatini is moving towards digital transformation with the introduction of a national electronic Know Your Customer (e-KYC) system.This is aimed at...

UK pledges support for sugar industry

MBABANE - The United Kingdom has reaffirmed its commitment to supporting Eswatini’s sugar industry and projects aligned with global transitions towards sustainable energy.This...

FNB supports sugar cane growers with E100k

MBABANE – FNB Eswatini has injected E100 000 into the 2024/25 Annual Smallholder Sugar cane Growers’ Competition, reaffirming its partnership with the sector.The...

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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...