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Eswatini Financial Times

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Eswatini Among Top Six African Countries That Have Industrialized

By: Ntombi Mhlongo The Kingdom of Eswatini has been listed in the top six African countries that have industrialized in the past decade. According to a new report issued by…

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Highlanders’ E3.6 M annual salary bill

Mbabane Highlanders Football Club Managing Director: Chief Ally Kgomongwe By Ntokozo Magongo Running a football team in Eswatini is not a stroll in the park. In spite of some factions…

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Major Parliament shake-up on the horizon 

Members of the Eswatini Parliament By Phephile Motau An international consultant is being sought for the Parliament Restructuring Process. The request for proposal (RFP) has been issued by the United…

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The Africa We Want; How Digital Technologies Can Help  

The world is moving in the digital direction with many countries on the African continent pushing for the 4IR. OPINION Dumi Jere The African Union’s Agenda 2063 envisions a people-driven…

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Mavuso Trade Centre Back to Full Business Operations

By: Ntombi Mhlongo Following ceasing to be used as a Covid-19 quarantine centre, the Eswatini Investment Promotion Authority (EIPA) is doing all it can to ensure that the Mavuso Trade…

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Eswatini’s Agri-products Import Bill Stands At E1.9bn

BY: Phephile Motau Eswatini needs to come up with strategies to commercialise agriculture and reduce the imports of agricultural produce which was at about E1.9 billion in 2020/2021. This was…

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Roads Authority To Relieve Contractors From Late Payments, Project Delays

By: Ntombi Mhlongo The formation of the Roads Authority will provide relief to contractors who have for years been frustrated by late payments and project delays whenever they undertake government…

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Spin Festival To Create 110 Jobs, Attract 3 000 Revellers

By: Bahle Gama The return of the Swazi Spin Festival is projected to give the same results as the last by bringing in about 3 000 people from within and…

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‘Rethinking Tourism’

By: Bongiwe Zwane-Maseko The Eswatini Tourism Authority (ETA) has embraced this year’s World Tourism Day theme ‘Rethinking Tourism.’ This was said by Chief Executive Officer Linda Nxumalo at the commemoration…

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Eswatini Should Be A Tourist Destination, Not A Stopover

By: Bongiwe Zwane-Maseko Eswatini is generally perceived as a transit point by most tourists, which is reflected in the length of time they spend in the kingdom. International travellers use…

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Proposed Ndzevane Factory Shell Construction Bringing 1 000 Jobs

By: Ntombi Mhlongo At least 1 000 job opportunities are anticipated upon the completion of the proposed sewing factory shell to be constructed at Ndzevane area, in the Lubombo Region.…

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Threat to Eswatini’s Cannabis Illegal Market Grows

By: Ntombi Mhlongo With the Republic of South Africa forging ahead with plans to implement total commercialisation of the cannabis plant, there are fears that this will be the biggest…

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As Eskom Woes Deepen, Power Cuts Loom for Eswatini

By: Ntombi Mhlongo As ESKOM woes continue in neighbouring South Africa, Eswatini faces the risk of experiencing the same woes of load shedding currently being experienced by that country. Eswatini…

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Inyatsi Construction Gives E2m Boost to COSAFA Under-20

BY: Lwazi Dlamini Multinational Inyatsi Construction Company has shown its corporate social responsible citizen side by pumping a sum of E2 million towards Eswatini hosting the annual COSAFA Under-20 Youth…

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Eswatini, Zambia join hands to bolster their tourism sectors

The governments of the Republic of Zambia and the Kingdom of Eswatini have entered into an agreement to jointly invigorate their tourism sectors.The two governments signed a Memorandum of Understanding…

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Domestic tax revenue declines by E0.5bn as liquor industry struggles

Challenges faced by the liquor industry triggered an E500 million decline in the domestic tax collection for the 2020/21 financial year. Tax revenue fell from E9.950 billion collected in the…

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Eswatini, SADC spend E7.8bln mitigating drought, floods

By Delisa Magagula Eswatini and other Southern African Development Community (SADC) member states have spent a staggering E7.8 billion over the past decade mitigating risks caused by severe droughts and…

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Employers give ENPF conversion the nod

By Kwanele Dhladhla The private sector has given its blessing to the long-debated conversion of the Eswatini National Provident Fund (ENPF) into a fully-fledged pension scheme, with business leaders emphasising…

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MTN dividends to SEL drop by E15.4 mln in 2 Years

By Kwanele Dhladhla Swazi Empowerment Limited (SEL), one of Eswatini’s largest locally owned investment companies, has reported a steep decline in dividend income from its cornerstone investment in MTN Eswatini,…

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Trump says US has a buyer for TikTok

President Donald Trump said on Tuesday that the U.S. and China have a deal that would keep TikTok operating in the United States, transferring its U.S. assets to U.S. owners…

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E250 mln severance burden, 20k job losses under new law

By Delisa Magagula Business Eswatini has warned that the prohibition of triangular employment, as outlined in Section 129 of the Employment Bill No. 12 of 2024, could trigger devastating consequences…

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E40 mln Boxer Superstore in Mbabane takes shape

By Delisa Magagula The E40 million Boxer Superstore developments at The New Mall in Mbabane is progressing steadily, with construction now visibly transforming the roadside site that will soon house…

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Eswatini’s MSMEs are poised for growth, but only 1% ready to export

PULSE OF THE WEEK …With Siphesihle Dlamini Eswatini’s economy is powered by a vibrant ecosystem of micro, small, and medium enterprises (MSMEs), numbering around 70,000 according to the National MSME…

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Half salaries, no Angola trip for ‘Birds’

By Chris Dlamini and Sibusiso Masilela Will it be the Mozambican investor or another at Mbabane Swallows? As months pass by, finances at Mbabane Swallows continue to be the capital…

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Eswatini MSMEs drive over 90% of GDP contribution

Micro, Small, and Medium Enterprises (MSMEs) form the heartbeat of Africa’s economy, contributing not only to national GDP but also to social stability, innovation, and job creation. In Eswatini and…

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Africa’s digital economy to contribute E11.9 trillion to GDP

By Delisa MagagulaThe digital economy in Africa is projected to contribute over E11.9 trillion (US$700 billion) to the continent’s gross domestic product (GDP) by 2050, marking a transformative shift in…

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