Business

614 Articles

Lower sugar prices push RESCorp to E73.6m loss

MBABANE - The Royal Eswatini Sugar Corporation (RESCorp) has reported a total comprehensive loss attributable to the owners of the company of E73.6...

Eswatini reaps ECA benefits as exports surge 78%

MBABANE – Exports to Taiwan markets from Eswatini have surged by 78 per cent since the signing of the Economic Cooperation Agreement (ECA)...

Eswatini well placed for AfCFTA investment opportunities

MBABANE – Eswatini is one of Africa’s frontrunners in preparing for the implementation of the African Continental Free Trade Area (AfCFTA) Protocol on...

Economy defies global headwinds, grows 6.1%

MBABANE – Eswatini has begun 2026 on a remarkably strong footing after recording its fastest quarterly economic expansion in more than a year....

ATAF urges gender-responsive tax reforms across Africa

MBABANE – African governments have been urged to move beyond treating taxation as a gender-neutral policy instrument.Instead, they are urged to adopt structured...

FNB makes card swipes free for entry-level earners

MBABANE – As emaSwati consumers navigate a tightening economic landscape, the cost of retail banking remains a critical factor in household financial planning.FNB...

Commercial fleet, equipment set for public auction

MBABANE – Businesses and individuals will have an opportunity to acquire commercial vehicles and heavy equipment when Nedbank Eswatini disposes of repossessed assets...

SBS assets base soars to E3.6bn

MBABANE – The Swaziland Building Society has entered its commercial banking era from a position of financial strength after growing its loan book.The...

King’s SACU vision urges regional economic transformation

MBABANE – The 9th SACU Summit in Cape Town, chaired by President Cyril Ramaphosa, highlighted regional integration priorities as leaders discussed competitiveness and...

AfDB commends Eswatini’s economic reform progress

MBABANE – The African Development Bank (AfDB) has commended Eswatini for making significant strides in strengthening economic governance, public financial management and private...

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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...