Business

656 Articles

SA economic woes cast shadow on Eswatini 

MBABANE – Eswatini remains one of Southern Africa’s stronger fiscal performers, although slowing growth in South Africa continues threatening the kingdom’s medium-term economic...

SADC banks resilient despite global economic pressures

EZULWINI – Regional banking systems have remained sound and well-capitalised despite mounting economic pressures, but Central Banks must remain vigilant through proactive supervision...

AfDB waiver sought to unlock MNWAP Phase 1B

MBABANE - Government has asked the African Development Bank (AfDB) to waive two key loan conditions delaying the release of funding for Phase...

Jonsson Workwear factory ready, machinery installation next month

MBABANE - Minister for Commerce, Industry and Trade Manqoba Khumalo has provided an important update on the construction of the much-anticipated Jonsson Workwear...

RESCorp sweetens diversification with E1m butchery venture

MBABANE – What began as a sugar producer has evolved into one of Eswatini’s most diversified agribusinesses. Royal Eswatini Sugar Corporation (RESCorp) has...

Mixed assets going under hammer tomorrow

MBABANE – Prospective buyers will have an opportunity to bid for a wide range of vehicles, building materials and other valuable assets tomorrow....

FINCORP, IDCE rivalry reshapes development finance landscape

MBABANE - Competition between FINCORP and IDCE has reached unprecedented levels as the two development finance institutions battle for market dominance while expanding...

Eswatini, Egypt discuss cooperation, gold bank initiative

MBABANE - The Central Bank of Eswatini and Egypt have explored closer banking cooperation, focusing on cross-border payments, financial integration, gold reserves and...

SBS conversion drives NBFI assets’ E2bn drop

MBABANE – The non-bank financial institutions (NBFI) sector has recorded a nominal E2 billion decline in total assets following the reclassification of Swaziland...

Lidwala leads short-term insurance sector

MBABANE – Lidwala Insurance has overtaken long-time market leader Eswatini Royal Insurance Corporation (ESRIC) to become the largest short-term insurer by gross written...

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Maidens thrilled as His Majesty the King appreciates them

MBANGWENI – Imbali was overjoyed when His Majesty King Mswati III appreciated her during the ongoing annual Umhlanga Ceremony at Mbangweni Royal Residence....

Nation mourns Home Affairs Minister Princess Lindiwe

MBABANE — The nation is mourning the death of Her Royal Highness Princess Lindiwe, Minister of Home Affairs, who died yesterday following a...

Zama zamas poison Phophonyane lifeline

MBABANE – Illegal miners are allegedly polluting the Phophonyane River, on which thousands of emaSwati depend. The river supplies water mainly to Pigg’s...

Late CJ Bheki Maphalala repatriated from South Africa

MBABANE - The body of the late Chief Justice Bheki Maphalala has been repatriated into the country from South Africa. Maphalala's body was...

Mthandeni vanishes as HMCS probes audio

MBABANE – Former Ngwempisi Member of Parliament Mthandeni Dube is nowhere to be found. This was determined after an enquiry team established by...