Business

614 Articles

FNB Eswatini posts E268.8m profit, assets hit E10bn

EZULWINI - FNB Eswatini has posted a profit after tax of E268.8 million for the 2024/2025 financial year, maintaining its position as the...

NFBI assets increase to E114bn

MBABANE – The non-banking financial institutions (NBFIs) have maintained their upward growth trajectory into 2025, according to the Financial Services Regulatory Authority’s (FSRA)...

Inyatsi Construction empowers over 60 ECOT students through the Umliba Loyembili Programme

Inyatsi Construction continues to live up to its commitment to nation-building and education, this time opening its doors to over 60 Civil Engineering...

AfDB approves E12.9m grant for financial reforms

MBABANE - Eswatini is embarking on a comprehensive reform of its public financial management (PFM) systems.This is a monumental effort that just got...

Coca-Cola Beverages Eswatini country manager bids farewell

MBABANE – After seven years at the helm of Coca-Cola Beverages Eswatini (ECCB), Country Manager Sanele Khumalo has bid an emotional farewell.Khumalo, who...

Commerce Ministry urges MSMEs to join business federations

MBABANE - The Ministry of Commerce, Industry and Trade has called upon all micro, small and medium enterprises (MSMEs) in the country to...

Monetary indicators show mixed trends in July–August

MBABANE - The Central Bank of Eswatini’s (CBE) latest Monthly Statistical Release for July–August 2025 paints a mixed picture of the economy’s key...

SWAPROP profits jump 31% despite tough markets

MBABANE - Swaziland Property Investments Limited (SWAPROP) has reported a strong 31 per cent surge in profits for the six months ended December...

CBE named Best Overall Exhibitor at EITF

MANZINI – The Central Bank of Eswatini (CBE) has been crowned the Best Overall Exhibitor at the 2025 Eswatini International Trade Fair (EITF).The...

Greylisting threat recedes as Eswatini improves compliance

MBABANE - Eswatini has successfully strengthened its financial compliance framework, securing a significant boost to its standing within the Eastern and Southern Africa...

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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...

King moves to save Ncangosini residents from eviction

KONTSHINGILA – Hundreds of residents living on a privately owned farm at Ncangosini, Kontshingila, are set to be spared from eviction after an...

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...