Business
Some parastatals spend over 80 per cent subventions on salaries
MBABANE – While government spends over E2 billion each financial year as subvention to State-owned enterprises (SOEs), a bigger chunk of the money...
CBE keeps interest rates unchanged
MBABANE - The Central Bank of Eswatini (CBE) has left its key discount rate unchanged at 6.75 per cent, maintaining a cautious stance...
Standard Bank appoints new brand marketing head
MBABANE - Standard Bank Eswatini has announced the appointment of former Coca-Cola Beverages Eswatini (ECCB) Country Manager, Sanele Khumalo, as its new Head...
FNB Eswatini shareholders to split E81.1m
MBABANE – Shareholders of First National Bank (FNB) Eswatini will share a total dividend of E81.1 million for the financial year ended June...
PayInc focuses on financial inclusion through TCIB
EZULWINI – The SADC-RTGS Group Conference, currently underway at the Central Bank Complex in Ezulwini, has drawn strong regional participation, including the Transactions...
SEL earns E34.5m from key investee companies
MBABANE - Swazi Empowerment Limited (SEL) delivered a solid financial performance for the year ended March 31, 2025, generating E34.5 million in dividend...
Lidwala maintains 2nd spot in short-term insurance
MBABANE – Lidwala Insurance has maintained its position as the second-largest player in Eswatini’s short-term insurance (STI) sector despite a year-on-year decline in...
Nedbank declares E50m special dividend
MBABANE – Nedbank Eswatini Limited has declared a special dividend of 203 cents per share, amounting to E50 million. This has further strengthened...
Telecomms industry revenue edges up 6 per cent
MBABANE - In the financial year (FY) 2024/25, total revenue at current prices generated by the telecommunications industry continued its upward trend. According...
Don't Miss
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....
Cop launch investigation after ‘priest’ tied up, robbed
HLUThI - Police have launched an investigation following an armed robbery at Our Lady of Sorrows Mission, where a 50-year-old priest was bound...
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...
