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Economy

World Bank injects E3 million to revamp collapsing UNESWA through Task Team

by Ncaba Ntshakala The World Bank has pumped an amount of E3 million to support the work of the UNESWA Task Team, which is a strategic initiative set at revitalizing…

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STAGGERING E433.9 MILLION LAUNDERED IN 2024 FIRST QUARTER

By Ncaba NtshakalaThe rising cases of suspected money laundering in the country have reached alarming scales.he first quarter of the 2024/2025 financial year has revealed alarming figures concerning the laundering…

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Eswatini produces 35-tonnes of honey annually

By Ncaba NtshakalaThe Kingdom of Eswatini has reported an annual honey production of 35 tonnes, a figure that, while commendable, reveals the untapped potential in the country’s apiculture industry. This…

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King urges entrepreneurs to seize vast opportunities beyond Eswatini borders

by Ncaba Ntshakala During the 18th edition of the Entrepreneur of the Year Awards (EYA) Gala dinner, held recently at the Mavuso Trade and Exhibition Centre, His Majesty King Mswati…

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Ghana begins construction of $12 bln petroleum hub

FILE PHOTO: President Nana Addo Dankwa Akufo-Addo of Ghana speaks during a press conference during the Summit on Peace in Ukraine, in Stansstad, Switzerland, June 16, 2024. ALESSANDRO DELLA VALLE/Pool…

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Eswatini secures E6 billion in grants over 20 years for HIV, TB, and Malaria battle

By Ncaba NtshakalaEswatini has successfully secured grants amounting to an impressive E6.48 billion through the Eswatini Country Coordinating Mechanism (CCM) over the past two decades, which has been a major…

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SA Reserve Bank to cut rates 25 bps to 8.00% on Sept. 19

SA Reserve Bank By Vuyani NdabaSouth Africa’s Reserve Bank is expected to cut interest rates for the first time in more than two years – by 25 basis points to 8.00%…

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South Africa’s Standard Bank posts 4% rise in half-year profit

JOHANNESBURG, Aug 15 (Reuters) – Africa’s biggest lender by assets Standard Bank said on Thursday its half-year profit rose by 4%, with performance supported by franchise growth in its banking businesses…

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Standard Bank Luju Food and Lifestyle Festival

A catalyst for creative growth and market expansion in EswatiniBy Siphesihle DlaminiThe Standard Bank Luju Food and Lifestyle Festival has emerged as a transformative platform for creatives in Eswatini, particularly…

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Eswatini listed in African countries doing well in intra-African trade 

Intra Africa Trade By Delisa Thwala Intra-African trade fosters regional integration by fostering collaboration among African countries, resulting in the creation of common infrastructure, harmonized rules, and the removal of trade obstacles.The Kingdom…

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