Eswatini plans $275m wealth fund

The southern African Kingdom of Eswatini plans to start a sovereign wealth fund of around 5-billion emalangeni ($275-million) this year to help channel money into areas including manufacturing and agriculture, its finance minister said....

Amid global trade uncertainty, the PM has shifted his language on the US alliance

The European Union's leadership has been meeting, at length, with Chinese Foreign Minister Wang Yi in Brussels this week, talking about trade and issues like Ukraine, ahead of an EU-China summit later this month. At the same time, the EU's members...

Nigeria, Ghana, South Africa hit as half of African currencies Weaken –Report

Nearly half of African currencies weakened in May 2025, despite continued economic reforms and steady development across the continent, according to the June edition of the Monthly Developments in the African Macroeconomic Environment report...

Eswatini on edge over multiple health threats

[ESWATINI] Simultaneous outbreaks of pink eye, hand, foot and mouth disease, and seasonal influenza, plus the risk of mpox, have raised alarm in Eswatini, as US funding cuts cast doubt over the country’s capacity to handle multiple disease...

Pinewood Technologies announces acquisition of South Africa business

Pinewood Technologies Group (Pinewood.AI) has announced today, 7 July, that it has entered into an agreement to acquire certain key assets relating to the software business offering known as the Pinewood Dealer Management System from the Motify...

King Mswati’s Spokesperson Percy Simelane says South African trade union leader Zwelinzima Vavi must personally come to eSwatini and attempt to overthrow the Monarch, he will know what makes bananas yellow.

By Zweli Martin Dlamini MBABANE:King Mswati’s Spokesperson Percy Simelane has warned Zwelinzima Vavi, the Secretary General of the South African Federation of Trade Unions(SAFTU) against threatening that, the King risk being overthrown for...

African Development Bank Approves $47.5 Million Loan To Spur Eswatini's Economic Growth

(MENAFN- APO Group) The Board of Directors of the African Development Bank Group ( ) has approved a $47.5 million loan to the Kingdom of Eswatini. The loan will support the government's efforts to transform the economy, achieve sustainable growth,...

Starlink launches internet service in Chad, its 24th African market

SpaceX’s Starlink has officially launched its satellite internet service in Chad, one of Africa’s least connected countries. Announced on X on July 3, 2025, the rollout marks the 24th market in Africa where Starlink’s high-speed internet is...

MaMkhize in talks to buy Eswatini giants Mbabane Highlanders

Businesswoman and socialite, Shauwn "MaMkhize" Mkhize, is reportedly looking to buy a new football club after Royal AM was liquidated MaMkhize is said to be engaged in ongoing negotiations to acquire the club, which is based in the Kingdom of...

Nigeria, Ghana, and SA face volatility as half of African currencies show signs of depreciation – Report 

Nearly half of African currencies have shown signs of depreciation despite steady development across the continent, according to the latest edition of the Monthly Developments in the African Macroeconomic Environment report published by the...

Supersport United and Multichoice confirm the club's sale to KZN businessman

SuperSport United has released a statement on the reports of its sale to a KwaZulu-Natal-based businessman The owners of the club, MultiChoice, have also spoken on the decision driven by market pressures and a shrinking subscriber base, as the...

SWAZI TSHABALALA: Lift Africa — infrastructure is strategy

Infrastructure is not a sector — it is a strategy. It is how Africa powers factories, connects farmers, scales innovation and competes globally. Without it, no other priority moves. This is why large-scale, integrated infrastructure anchors the...

Digital government app in Eswatini sparks public criticism over data privacy

A digital government application, which was launched in May in Eswatini, is facing public scrutiny over concerns about data privacy and security. The “Government In Your Hand” (GIYH) app was rolled out in a ceremony presided at by the country’s...

King Mswati III gifts $1,000 to each Eswatini student at KNUST

His Majesty King Mswati III of Eswatini, accompanied by Her Royal Highness Inkhosikati LaMagongo, has gifted $1,000 each to the 10 Eswatini (emaSwati) students studying at Kwame Nkrumah University of Science and Technology (KNUST). The generous...

MaMkhize accused of forging sister's signature to buy Royal AM and register company

Shauwn Mkhize is being accused of forgery by her sister, Nosipho Ngubo, whose assets were seized by the South African Revenue Service (SARS) Ngubo alleges that MaMkhize took advantage of her while she was hospitalised and unaware of what was...

Elon Musk's Starlink goes live in Chad, its 24th market in Africa

Starlink, the satellite internet service developed by Elon Musk’s SpaceX, has officially commenced operations in Chad, following the finalisation of its licensing process and confirmation via the company’s official availability map. The...

Trade commission protects legacy steel giant from competitive imports

The International Trade Administration Commission of South Africa (Itac) has imposed a 9% tariff on imported hot-rolled steel to protect domestic producers, in particular the legacy steelmaker ArcelorMittal South Africa (Amsa). The decision...

Chinese EV-Makers Eyeing South Africa Amid Global Trade Rows

Chinese carmakers are focusing on a push into southern Africa and other new markets, because of restrictions imposed on the export of electric vehicles to the US and Europe. Africa, which is home to over a billion people, has long been a market...

Eswatini: World Bank Supports Fiscal And Private Sector Reforms For Resilient Growth

(MENAFN- African Press Organization) Download logo The World Bank Board of Executive Directors approved a Development Policy Loan (DPL) operation to support the Kingdom of Eswatini's efforts to strengthen fiscal governance, foster private sector...

Swazi Tshabalala sets eyes on Africa's top bank job

Tshabalala said having worked for organisations like MTN and Standard Bank, which have operations all over the continent, she understands the potential that a developing and productive Africa has on creating jobs for its young people. In addition,...