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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...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

Business

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...

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Indlovukazi arrives in UAE for official visit

Her Majesty Indlovukazi has arrived safely in the United Arab Emirates (UAE) where she is on an official visit. Her Majesty arrived around...

MaMkhize back for ‘Bull’ after China trip

MBABANE – Mbabane Highlanders AM president Shauwn ‘MaMkhize’ Mkhize is back home after a business trip to China, declaring that her presence is...

Prince Africa Zulu appointed royal vice chancellor

MBABANE – King Misuzulu kaZwelithini has appointed Prince Africa Zulu of Onkweni as Royal Vice Chancellor of the Zulu Kingdom. The appointment took...

MP Alec Lushaba makes debut as King’s interpreter

MBABANE - Hhukwini Member of Parliament Alec Lushaba made his debut as an interpreter for His Majesty King Mswati III during the 2026...

King calls for universities in all 4 regions

KWALUSENI – His Majesty King Mswati III has called for more universities in all four regions to ease admission shortages. The King expressed...