2017

There are reports that over 80% of women between the ages of 60 and above as well as 70% men are living in poverty in Swaziland. This coincidentally started at a time when the government of Swaziland is having financial issues. The government is out of cash and therefore, is unable to pay pensions it owes the elderly and people entitled to such payments. The figures were presented in program...

Development is in progress on the R4 billion mixed-use Oceans mall construction in Umhlanga. The construction composes a world-class shopping mall with more than a hundred stores, permanent residence, with a new Radisson Blu hotel. Two of Africa’s largest state of the art retailers anchor the mall. The mall will also offer some specialty stores and international super brands like Burberry, Versace,...

A mega project which will link Mozambique’s Nacala port to Moatize coal mine has received financial support majorly from Vale and Mitsui companies. Vale, a Brazilian mining company in partnership with Mitsui, Japanese company signed an agreement to finance NCL project with $2.73 billion. The consortium of financial institutions including Standard Chartered Bank, Sumitomo Mitsui Banking, Sumitomo Mitsui...

Swaziland is a country found in the southern Africa. The country is landlocked, and it neighbors South Africa and Mozambique. The country is sparsely populated but it still stands out as one of the countries to pay a visit. Below are some of the seven top reasons why we think the country is the place to visit in case you have never been there. More adventure There are a variety of adventurous places...

Swaziland is one of the sparsely populated countries in Africa. The country is located in the southeastern part of Africa. However small the nation is, the state is rich in culture from all angles. The presence of physical and drainage features like valleys, rivers, mountains, and waterfalls make the country magnificent. The people’s culture, festivals, and customs in Swaziland are preserved till...

Financial constraints are forcing folks to look for ways that can make them survive to maintain their living standards. That has made many people venture into the restaurant business. Currently, there has been a mushrooming of restaurants some which don’t even meet the required health standards. Below are some of the classy restaurants in Mbabane, Swaziland. Sibebe rock The restaurant is situated...

In the coming quarters Swaziland will see only a modest growth in its economy following the government spending on construction projects, improving weather conditions and a small growth in textile manufacturing. The forecasts of economy growth is expected to be of 0.7% in 2017 and average 1.0% between 2018 and 2020 but even though this is a sign of improvement, growth is likely to remain far from the...

Namboard Chief Executive Officer Siphephiso Dlamini spoke during a breakfast meeting at Happy Valley last Friday and announced that NAMboard is working on creating a platform for different farmers in the country to have their produce on the international market. He said that they are negotiating with several markets around the world where they can trade. They are set on specific countries on different...

The average time a home remains on the market prior to sales continues to rise on a national scale. Looking at different regional housing markets, Gauteng seems to maintained a relatively well balanced position and appears to be the most price-realistic. Average times on the market prior to sales in Gauteng are averaging around 12 weeks and 4 days. Ethekwini and Nelson Mandela Bay in the Coastal...

In its clear objective of  "supporting innovation", the Central Bank of the Kingdom of Swaziland has decided to begin research in cryptocurrencies. As the Bitcoin soared past the $7,000 (L100,000) mark for the first time on Thursday, 2 November and as nations around the world have begun their investigations into digital currencies, the CBS has announced its own research into...