Business

633 Articles

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...

Investors enter mining, but impact yet to be realised

MBABANE - More investors are venturing into Eswatini’s mining sector, but economic impact remains largely unrealised as the industry continues to focus on...

Don't Miss

Re-arrested Chinese nationals demand E208 million from government

MBABANE - Forty Chinese nationals who were re-arrested while trying to leave Eswatini following their conviction and sentencing for being in the country...

PrEP boom raises fresh STI concerns

MBABANE- More than 11 000 people started pre-exposure prophylaxis (PrEP) in the first quarter of 2026, signalling growing demand for HIV prevention options...

2 emaSwati named among Africa infrastructure elite

MBABANE – Two emaSwati professionals have earned continental recognition after being nominated among the Top 100 Most Influential Africans in Infrastructure for their...

King prays for wisdom, wants Madagascar issue resolved quickly

MANZINI – His Majesty King Mswati III has prayed to God to grant him wisdom as Eswatini takes on the SADC Organ Troika...

Murder accused pastor’s mother: I won’t pay bail

MFABANTFU – Alice Shabangu, mother of alleged killer pastor Nkosingiphile Allen Zwane, says she will not pay bail for her son and wants...