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Private sector credit hits record E23.2bn

MBABANE - Eswatini’s private sector credit has surged to a historic high of E23.2 billion, signalling growing economic activity across key industries despite...

News

Escalating fuel, fertiliser costs batter sugar industry

SIMUNYE – Eswatini’s sugar industry has raised alarm over rapidly escalating production costs.The industry has warned that rising fuel, fertiliser and energy prices,...

Business

CBE holds E195m gold reserves

EZULWINI – The Central Bank of Eswatini (CBE) has revealed that it currently holds 2 500 ounces of gold valued at approximately E195...

Business

Standard Bank Sugar Summit targets trade bottlenecks

MBABANE – The upcoming Standard Bank Regional Sugar Summit is expected to serve as a critical platform for industry players to confront structural...

Business

ERS seeks court intervention in USA Distillers tax dispute

MBABANE - The Eswatini Revenue Service (ERS) has filed an application before the High Court seeking to halt proceedings at the Revenue Appeals...

Business

EswatiniBank injects E2.3m into Khoza Complex development

MANZINI – EswatiniBank has reinforced its commitment to grassroots economic development after financing the construction of the Khoza Complex to the tune of...

Business

Five-step plan urged to shield Africa fertiliser crisis

MBABANE – African policymakers are being urged to urgently adopt a coordinated five-point strategy to cushion immediate shocks and build long-term agricultural resilience....

Business

All eyes on governor’s policy statement on Thursday

MBABANE – All eyes will be firmly fixed on the Central Bank of Eswatini this week as Governor Dr Phil Mnisi prepares to...

Business

Cross-border collaboration emerges as MSME survival strategy

SANDTON, JOHANNESBURG – In an increasingly uncertain economic climate, collaboration and cross-border networking are fast emerging as critical lifelines for MSMEs, with entrepreneurs...

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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...

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...

Swazipharm blames ministry delays, commits to compliance

LOBAMBA – After being implicated in the delivery of medical drugs that were later recalled, prominent pharmaceutical supplier Swazipharm has reaffirmed its commitment...

Shembe forgives Zulu King after video fallout

MBABANE – Members of the Nazareth Baptist Church in Eswatini have rallied behind His Holiness Unyazi Lwezulu Shembe after he publicly forgave Zulu...