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UNDP Deputy Resident Representative Nessie Golakai. (Pic: Nhlanganiso Mkhonta)
Business

UNDP backs UniPod to build production for airport cargo

MBABANE - The United Nations Development Programme (UNDP) is supporting the development of the University Innovation Pod (UniPod). The UniPod is a shared...

Stnadard Bank Eswatini Chief Executive Mvuselelo Fakudze has been appointed as the new Stanlib Board Chairperson. (File pic)
Business

Mvuselelo Fakudze appointed new STANLIB Board Chair

MBABANE - Mvuselelo Fakudze has been appointed as the new Board Chairman for STANLIB Eswatini, bringing extensive leadership, financial and governance experience to...

Business

Leather sector could unlock E943.8m value

MBABANE - Eswatini’s leather sector has the potential to grow the value of hides and skins from about E78.7 million to E943.8 million...

Sources: Eswatini Electricity Company; and IMF staff calculations.
News

EEC could become burden to taxpayers – IMF

MBABANE - The IMF has warned that EEC’s financial deterioration could force government support, potentially leaving taxpayers to shoulder rising costs through subsidies,...

Business

IMF warns borrowing costs worsen debt dynamics

MBABANE - Eswatini’s public debt position is coming under increasing pressure as the cost of servicing government borrowing rises faster than economic output,...

Business

Central Bank raises E1.877bn through government bonds

MBABANE - The Central Bank of Eswatini raised E1.877 billion through Government Bonds during the 2025/26 financial year, exceeding its initial E1.4 billion...

Business

ESPPRA CEO named Africa’s Supply Chain Professional of Year

MBABANE - Eswatini supply chain professional Vusumutiwendvodza Matsebula has been named Africa’s Supply Chain Management Professional of the Year for modernising systems, promoting...

Business

EmaSwati ready to take economic space – Lincoln Motsa

MBABANE - Citizens are ready to take up economic space currently occupied by foreign-owned businesses, according to Citizens Economic Empowerment Council Chairperson and...

Business

Zox’s Sakha Live FM appoints Wilson B. Nkosi as Board Chairman

MBABANE - Sakha Live FM, Eswatini’s newest licensed Free-to-Air commercial radio station, has appointed veteran broadcaster and media executive Wilson B. Nkosi as...

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New bus fares to take effect next week

MANZINI – Commuters will start paying higher bus fares next week after transport operators begin displaying notices announcing the revised tariffs. The new...

Illegal foreign-owned businesses given 1 year to close

LOBAMBA – Foreign-owned businesses found operating in violation of the country’s laws and regulations have been given 12 months to regularise their operations...

FNB offers more incentives to attract new customers

MBABANE - FNB Eswatini has introduced a campaign offering qualifying customers repayment holidays, cash-back incentives and additional family protection benefits. This comes as...

Magistrate Ngwenya new Commissioner of Co-ops

MBABANE – Magistrate Cebisile Ngwenya, a corporate law specialist and former Assistant Master of the High Court, has been appointed Commissioner of Co-operatives....

King extends army Commander Fakudze’s service

MBABANE – His Majesty King Mswati III has extended the service of Umbutfo Eswatini Defence Force (UEDF) Commander General Moses Mashikilisane Fakudze, allowing...