Eswatini Financial Times

News

E200k early Xmas gift for Premier League

The Premier League of Eswatini (PLE) has benefited handsomely two months after Eswatini hosted the COSAFA Under-20 Youth Championships The pitch-side advertising hoardings behind the goalkeeper during the COSAFA Under-20…

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ESERA seeks investors in wind power generation

Wind Turbines at a wind farm By Phephile Motau In a bid to wean Eswatini from being reliant on other countries for electricity, ESERA is now considering the use of…

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Subsidy for vegetable farmers on the cards

Farm workers picking vegetables. By Khulile Thwala The Ministry of Agriculture has confirmed that a plea by horticulture farmers for a subsidy is on the table after mounting calls for…

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Serial looters unmasked

South Africans David ‘Dave’ Van Niekerk, Edwin Soonius, Marthinus Prinsloo, Michael Hodgkiss and Claude Scholtz have been named as individuals who have allegedly been behind some companies that have resulted…

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Eswatini has not dodged the recession bullet – Governor

CBE Governor Dr Phil Mnisi during a briefing. By Ntombi Mhlongo With other African countries currently second-guessing whether they will be affected by the projected global recession in 2023, the…

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Banks lend E2.8bn to emaSwati to buy homes

Buying a new home By Sifiso Sibandze The persistent soaring of borrowing costs is failing to shatter emaSwati’s dream of owning their own homes mortgage loans account for about 45.3…

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EEC profits meant for projects, guaranteed supply – MD

By Ntombi Mhlongo A bigger chunk of the profits generated by the Eswatini Electricity Company (EEC) is used to fund the various projects that the parastatal commissions in different parts…

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10 factory shells urgently needed by investors 

An artist impression of the factory. By Ntombi Mhlongo  The demand by investors for factory shells in the Kingdom of Eswatini is exceptionally high. This was shared by Eswatini Investment…

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RES pays E186m dividends: Who got what?

By Phephile Motau and Sifiso Sibandze From the E186 million dividend declared by the Royal Eswatini Corporation (RES) for the financial year ended March 2022, Tibiyo Taka Ngwane has pocketed…

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African Airlines take bold step towards open skies vision

Airplanes belonging to two of the continent’s biggest airlines. By Sifiso Sibandze Momentum is building behind the Single African Air Transport Market, or SAATM, a flagship project designed to create a…

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