Business

580 Articles
Business

Oracle swings from loss to E5.5m profit

MBABANE – Oracle Insurance Eswatini returned to profitability during the year ended February 28, 2026, posting a profit of E5.5 million.This is compared...

Business

Govt seeks technical auditor for E2.6bn road construction

MBABANE – Government is actively scouting for an eligible consulting firm to conduct a comprehensive technical audit of its multi-billion Emalangeni Road infrastructure...

Business

Eswatini considers fuel pipeline from Port of Maputo

MBABANE - Eswatini is reportedly assessing the possibility of constructing a fuel pipeline from Mozambique’s Port of Maputo.This is a development that could...

Business

World Bank: Middle East crisis threatens economic recovery

MBABANE – Developments beyond Eswatini’s borders are increasingly shaping its economic outlook, with the World Bank warning of growing risks across Africa and...

Business

Eswatini draws sovereign fund insights from Belgium

MBABANE – Eswatini is drawing lessons from Belgium as it advances plans to establish its own sovereign wealth fund (SWF).This is a move...

Business

NBFI sector remains resilient despite asset dip

MBABANE – The Non-Bank Financial Institutions (NBFI) sector continued to demonstrate resilience during the first quarter of 2026.The sector maintained a strong asset...

Business

Tribunal sets precedent for multinational companies

MBABANE – The Revenue Appeals Tribunal Eswatini (RATE) has handed down a landmark judgment clarifying the value-added tax (VAT) treatment of services linked...

Business

Eswatini among Africa’s largest budget deficit nations

MBABANE - Eswatini is among 10 African countries where governments are projected to spend significantly more than they collect in revenue.This highlights the...

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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...

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...

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...

Swazipharm blames ministry delays, commits to compliance

LOBAMBA – After being implicated in the delivery of medical drugs that were later recalled, prominent pharmaceutical supplier Swazipharm has reaffirmed its commitment...

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...