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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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Inyatsi Construction building foundations of First World future

For more than four decades, Eswatini has witnessed one of the most significant periods of infrastructure development in its history. Under the leadership...

No more USA Visa processing in Eswatini

MBABANE – In a move that will significantly alter travel logistics for Eswatini nationals, the United States Embassy in Mbabane will cease accepting...

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...

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...

Each MP set for E1m handshake

MBABANE – When the 12th Parliament assumed office in 2023, an ordinary Member of Parliament (MP) was earning a basic monthly salary of...