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RESCorp targets E2bn profit by 2030

MHLUME - The Royal Eswatini Sugar Corporation (RESCorp) says it remains firmly on course to achieve its ambitious target of generating E2 billion...

Business

ENPF income rises to E451.9m in third quarter

MBABANE – The Eswatini National Provident Fund (ENPF) recorded strong financial growth during the third quarter of the 2025/26 financial year ended December...

Business

‘Domestic resource mobilisation key to sovereignty’

EZULWINI - Government’s push to strengthen domestic resource mobilisation is not simply about raising revenue, but about safeguarding Eswatini’s sovereignty in a constrained...

Business

EU, ITC bring impact investors for MSMEs

MBABANE – Eswatini has taken a decisive step towards unlocking alternative financing for micro, small and medium enterprises (MSMEs).The European Union (EU) and...

Business

Nedbank Group earnings up 2% to E17.2bn

MBABANE - Headline earnings at Nedbank Group increased by 2 per cent to R17.2 billion for the year ended December 31, 2025.This comes...

Business

E1.73bn 2026/27 budget to boost minerals, energy development

MBABANE - Government has allocated E1.73 billion to the Ministry of Natural Resources and Energy, and mining for the 2026/27 financial year.This has...

Business

E4.8bn offshore transfers expose systemic tax evasion

EZULWINI - The Eswatini Revenue Service (ERS) has launched investigations into what it describes as systematic tax evasion.This is reportedly linked to E4.8...

Business

Govt backs AfSIA to unlock MSME financing

MBABANE - Eswatini has moved to position itself at the centre of a new continental blended finance initiative aimed at unlocking affordable, collateral-free...

Business

FNB Eswatini drives inclusive property finance

MBABANE - FNB Eswatini has intensified efforts to expand inclusive access to property finance by strengthening collaboration across the property value chain.The bank...

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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...

E2bn Chinese fraud suspect fears death penalty

MBABANE – The Chinese national, Jin Houyun, who is suspected of involvement in pooling over E2 billion from thousands of investors in China...

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...

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...