Business

583 Articles

What Eswatini needs to unlock private growth – IMF

MBABANE - The International Monetary Fund (IMF) has called on Eswatini to accelerate long-overdue structural reforms.That is if the country is to achieve...

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...

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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...

E2bn Chinese fraud suspect fears death penalty

MBABANE – The Chinese national, Jin Houyun, who is suspected of involvement in pooling over E2 billion from thousands of investors in China...

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...

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...

ICC projected to generate E50 million annually

MBABANE – Barely three months after it was commissioned by His Majesty King Mswati III, the Ezulwini Palazzo International Convention Centre (ICC) is...