Business
RESCorp profits slump 35 per cent
MBABANE – The financial year 2024/25 proved to be a challenging one for the Royal Eswatini Sugar Corporation (RESCorp).Yet, the company emerged resilient,...
Economy records marginal growth amid trade deficit
MBABANE - The Ministry of Economic Planning and Development has reported that Eswatini’s economy recorded marginal growth in the first quarter of 2025.The...
DGRV commits E30m to boost Co-ops
MBABANE – The German Co-operative and Raiffeisen Confederation (DGRV) has pledged more than E30 million between 2025 and 2027 to strengthen Eswatini’s co-operative...
120 jobs as SA firm set to establish footwear factory
MBABANE – Amandla Omnotho has been unveiled as the investor set to establish a footwear factory at Sigwe, in the Shiselweni Region –...
Over 5k businesses engaged through ERS’ Bafundzise campaign
MBABANE – At least 5 000 businesses across five major urban centres have been engaged through the Eswatini Revenue Service (ERS) Bafundzise Campaign....
‘Tap into regional, EU markets’ – CIPS
MBABANE - Eswatini stands at a critical crossroads as the country confronts growing global tariff pressures while new opportunities emerge across Europe, Africa...
Minister urges timely payments to support MSMEs
MBABANE – The Minister for Commerce, Industry and Trade, Manqoba Khumalo, has urged government, parastatals and the private sector to prioritise timely payments...
Eswatini eyes Japan as lifeline for struggling coal sector
MBABANE – Japan may hold the key to rescuing Eswatini’s coal industry from its steep decline, following revelations that the Asian economic giant...
SARFED warns rising debt poses policy risks for economy
MBABANE – Eswatini’s rising public debt is pushing the economy into a danger zone, warns Dr George Choongwa, Regional Coordinator at SARFED, calling...
Grindrod fears job losses amid coal demand slump in South Africa
MBABANE - Fears of widespread job losses are mounting across Eswatini’s coal mining and logistics sector. This follows a sharp slump in coal...
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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...
