Business

614 Articles

Eswatini draws sovereign fund insights from Belgium

MBABANE – Eswatini is drawing lessons from Belgium as it advances plans to establish its own sovereign wealth fund (SWF).This is a move...

NBFI sector remains resilient despite asset dip

MBABANE – The Non-Bank Financial Institutions (NBFI) sector continued to demonstrate resilience during the first quarter of 2026.The sector maintained a strong asset...

Tribunal sets precedent for multinational companies

MBABANE – The Revenue Appeals Tribunal Eswatini (RATE) has handed down a landmark judgment clarifying the value-added tax (VAT) treatment of services linked...

Eswatini among Africa’s largest budget deficit nations

MBABANE - Eswatini is among 10 African countries where governments are projected to spend significantly more than they collect in revenue.This highlights the...

Private sector credit climbs despite reserve decline

MBABANE – Credit extended to Eswatini’s private sector continued its upward trajectory in April 2026.This showed a sustained demand for financing by households...

Major food producers continue to warn of price hikes

MBABANE – Cereals, cooking ingredients and other household staples could soon cost more as major food manufacturers supplying the Eswatini market warn that...

Eswatini shares cane irrigation successes in Sweden

MBABANE – Eswatini’s sugar industry has taken its water management and irrigation expertise to the global stage.Eswatini Cane Growers Association (ECGA) Chief Executive...

Premier net profit surges 29% to E1.6bn

MBABANE - Premier Group, one of Southern Africa’s leading food manufacturers with a significant presence in Eswatini, delivered a strong financial performance for...

Luxury vehicles among assets going under hammer

MBABANE – Several luxury and late-model vehicles will go under the hammer today when Rexy’s Investments conducts a public auction on behalf of...

Sugar export decline narrows trade surplus

MBABANE – A sharp decline in sugar exports during May 2026 significantly reduced Eswatini’s trade surplus, highlighting the continued vulnerability of the country’s...

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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...