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Status Capital uproar: Investors want curator out

MBABANE – A faction of the Status Capital Building Society (SCBS) investors has called for the removal of curator Bimal de Silva, who...

Business

RESCorp forecasts E519m profit for FY 2025/26

MBABANE - The Royal Eswatini Sugar Corporation (RESCorp) has projected a consolidated profit, before taxation, of approximately E519 million for the current financial...

Business

EWADE: How locals miss out on MNWAP’s millions

MBABANE – EWADE Chief Executive Officer Dr Samson Sithole, has firmly dismissed allegations that the awarding of the E154.8 million contracts to a...

Business

Sugar industry eyes growth despite market, climate pressures

MBABANE - The Eswatini sugar industry, one of the country’s economic cornerstones, is positioning itself for long-term growth amid fluctuating global markets, evolving...

Business

Banks fully back sugar industry growth

MBABANE – The smallholder sugar cane growers of Eswatini are receiving a major boost as financial institutions and industry players rally behind the...

Business

Eswatini embarks on national e-KYC system

EZULWINI – Eswatini is moving towards digital transformation with the introduction of a national electronic Know Your Customer (e-KYC) system.This is aimed at...

News

Over 400 workers retrenched as African Knitwear closes

MATSAPHA - Over 400 textile workers have been retrenched, as African Knitwear, one of the oldest textile factories in the country, is closing.According...

Business

IRC dismisses Agrimech’s case against Malkerns Town Board

MBABANE – The Independent Review Committee (IRC) has dismissed the application filed by Agrimech Eswatini against the Malkerns Town Board.The decision follows deliberations...

Business

PwC, SNG help firms navigate ESG compliance

MBABANE - PricewaterhouseCoopers (PwC) and SNG Grant Thornton are supporting companies in Eswatini to navigate complex Environmental, Social and Governance (ESG) compliance requirements.The...

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Bugwadla, infidelity won’t get you to hell – pastor

LOBAMBA – For many preachers, there is only one place for people who engage in bugwadla (habitual sexual misconduct) and kuphinga – hell....

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...

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...

Board orders Mfabantfu church reopening

MANZINI – The Apostolic Faith Church International Board has resolved that the Mfabantfu branch will resume church services in a month’s time. This...

ICC projected to generate E50 million annually

MBABANE – Barely three months after it was commissioned by His Majesty King Mswati III, the Ezulwini Palazzo International Convention Centre (ICC) is...