Staff Reporter

Finance InFocus: Government Cashflow

King Mswati III Empowers 12 Cooperatives with E15Million Investment

Madlangempisi, Eswatini – In a significant move aimed at bolstering local economic development, His Majesty King Mswati III has officially handed over projects valued at E15Million to 12 cooperatives operating under the Madlangempisi Inkhundla. Funded through the Regional Development Fund (RDF), the initiative is set to bring transformational change to the region by equipping the […]

Over 2 Million for Mbabane Social Centres Sponsored by eBet

Mbabane, Eswatini – In a significant boost to community welfare, eBet has pledged a sponsorship exceeding 2 million Eswatini Emalangeni for social centres across Mbabane. The sponsorship, valued at E60,000 monthly for the next three years, is set to benefit six social centres in the city, promising improved support and services for vulnerable communities. The […]

Madlangempisi Officially Declared a Town, Ushering in New Era of Growth

Madlangempisi, Eswatini – In a historic move poised to usher in a new era of development, His Majesty King Mswati III has officially proclaimed Madlangempisi a town. The declaration, made during a visit to the Inkhandla, was met with enthusiastic applause from local residents and leaders who have long anticipated the area’s transformation. Local officials […]

Eswatini VAT Refunds May Change Following South African Rate Hike

MBABANE – Eswatini may be forced to review its value-added tax (VAT) refund procedures at the border following South Africa’s proposed VAT increase. This was confirmed by Eswatini Revenue Service (ERS) Commissioner General Brightwell Nkambule. South Africa has proposed raising its VAT rate by 2%, from 15% to 17%, effective April 1, 2025. This move […]

Commerce Ministry Reports Strong Growth Across Key Sectors

MEBARANE — The Ministry of Commerce, Industry, and Trade has released its annual report for the 2024/25 fiscal year, indicating robust expansion across multiple sectors. Presenting the report at a press briefing, Minister for Commerce, Industry, and Trade, Mnangko Kumota highlighted a surge in new business registrations, strengthened trade partnerships, and notable progress in e-commerce. […]

Govt to Roll Out Major Land, Energy Reforms in 2025/26

MBABANE — The government is set to introduce wide-ranging reforms across the land, mining, energy, and water sectors in the 2025/26 financial year, a move aimed at stimulating economic growth and improving service delivery. According to the Ministry of Natural Resources and Energy’s latest annual report, these reforms will feature new legislative frameworks, the adoption […]

ENPF Charts New Course Amid Investment Income Dip

MBABANE – While the Eswatini National Provident Fund (ENPF) recently reported an over 80% decline in investment income for the quarter ending December 31, 2024, fund administrators insist this short-term drop is paving the way for a more resilient and diversified investment strategy. The ENPF’s leadership maintains that, despite the disappointing figures, the fund is […]

Mnqobi Joins Forces with South African Celebrity Chef Tee for a One-of-a-Kind Culinary Experience

MBABANE – Renowned fashion icon, entrepreneur, and master of ceremonies Mnqobi Tsabedze is set to take the dining scene by storm, teaming up with South African celebrity Chef Tee for a new venture that blends haute cuisine with high-end fashion and entertainment. The collaboration, titled “Indulge in Tantalizing Chows with Mnqobi by Chef Tee,” promises […]

Ministry of Health and WHO Engage Senate in Pivotal Health Sector Update

In a significant development for the nation’s health governance, the Ministry of Health, in collaboration with the World Health Organization (WHO), held a fruitful meeting today with the Parliament Health Portfolio Committee (Senate) at the UN Building. The session provided an opportunity for the ministry to update senators on several pressing health matters and to […]