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Eswatini Financial Times

Economy

Russian central bank sees chance of prolonged low oil price cycle

Fears that oil prices could collapse to 1980s levels MOSCOW – Russia’s central bank has warned the Kremlin’s policymakers the United States and OPEC have the capacity to flood the oil market and cause…

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Chinese EV giant BYD’s fourth-quarter profit leaps 73%

Chinese electric vehicle maker BYD BEIJING – Chinese electric vehicle maker BYD’s net profit leapt 73.1% in the fourth quarter of 2024 to a record 15 billion yuan ($2.1 billion), it…

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FINCORP has E1.5 billion circulating among clients

By Delisa Magagula The Eswatini Development Finance Corporation (FINCORP) has reinforced its financial position with over E1.5 billion actively circulating among its clients. In a strategic move, the institution has…

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Labour inspections drop by 12% due to resource constraints, says Ministry report

by Ncaba NtshakalaThe Ministry of Labour and Social Security’s Annual Report for 2024/25 has revealed a 12% decline in labour inspections across the country, attributing the decrease to limited resources,…

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New Maize disease threatens farmers, Pannar offers a solution

By Bahle Gama A newly emerging maize disease, Goss’s Bacterial Wilt and Leaf Blight, has been detected in South Africa, sparking concerns among farmers and agricultural experts. The disease, which…

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African armyworm plague spreads across Eswatini.

By Delisa Thwala A devastating invasion of African armyworms has been reported across Eswatini, leaving farmers and rural communities anxious about the destruction of grazing lands and small plants. The…

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Government in the Red? Finance Minister promises relief by April

By Delisa Thwala The Eswatini government is facing a cash flow squeeze, resulting in delayed payments to suppliers, but Finance Minister Neal Rijkenberg has assured that the situation will improve…

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Over E210 mln RDF projects to benefit 40 000 emaSwati

By Thokozani Mazibuko In its latest Annual Performance Report, the Ministry of Tinkhundla Administration and Development has highlighted significant strides in community development and job creation through various ongoing and…

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“GOALKEEPERS TO SAVE SENANELO’S SHOT ARE YET TO BE BORN”

By Siphesihle Dlamini At the over 2,000 Eswatini soccer lovers packed Mavuso Sports Centre, time seemed to stand still last weekend. You could almost taste the fervour, as every pair…

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EMI dangles two prestigious awards

By Thokozani Mazibuko In a celebration of excellence within the business community, Eswatini Meat Industries was honoured with two prestigious awards at the 2024 Quality Awards Ceremony held on Thursday…

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