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Eswatini records 215% surge in FDI

MBABANE – Eswatini has recorded a 215 per cent increase in foreign direct investment (FDI) in 2024.This is at least according to newly...

News

ENPC forensic audit reveals: E6m wasteful expenditure on non-existent joint venture

MBABANE – A payment of around E6 million effected based on an addendum that had not been legally concluded, is one of the...

Business

FinTech to reduce cash reliance

MBABANE – Financial technology is expected to reduce Eswatini’s dependence on cash while expanding access to credit, savings and insurance for underserved populations.This...

News

Eswatini exporting jobs, losing E1.1bn annually

MATSAPHA - Minister for Agriculture Mandla Tshawuka says the country’s failure to produce enough maize and beans means it is exporting jobs and...

News

Electricity tariff rise to ease – EEC

MBABANE – In the next few years, the Eswatini Electricity Company (EEC) anticipates that electricity tariff escalation will ease following the granting of...

Business

EswatiniBank injects E21 billion into economy over 15 years

EZULWINI – EswatiniBank has channelled more than E21 billion in loans into the economy over the past 15 years, financing community development, national...

Business

Inflation outlook revised slightly

MBABANE – Eswatini’s inflation outlook for the next three years has been revised slightly downwards.This comes as the Central Bank of Eswatini (CBE)...

Business

Trade improves as exports outperform imports

MBABANE – Eswatini’s merchandise trade performance improved markedly in October 2025, with exports surging by almost one-fifth year-on-year and the country sustaining a...

Business

Trading volumes jump while ESE prices remain static

MBABANE – The Eswatini Stock Exchange (ESE) experienced an exceptional rise in trading activity in October 2025.Equity turnover skyrocketed to E10.3 million, a...

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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...

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...

Swazipharm blames ministry delays, commits to compliance

LOBAMBA – After being implicated in the delivery of medical drugs that were later recalled, prominent pharmaceutical supplier Swazipharm has reaffirmed its commitment...

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...