NTT MOTORS

NTT MOTORS AWARDED ENTC SUPPLY TENDER

BY BUSINESS EDITOR MBABANE – NTT Motors (Pty) Ltd has been enlisted as the best-evaluated tenderer to be awarded the Eswatini National Trust Commission (ENTC) motor vehicle supply tender. NTT Motors was competing with Mbabane Motors (Pty) Ltd for the tender. As the procuring entity, ENTC said Mbabane Motors was not evaluated for the tender, […]

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EISH, 79% OF EMASWATI IN DEBT

BY BUSINESS EDITOR MBABANE– The Central Bank of Eswatini (CBE) Financial Stability report 2023 has revealed that 79 per cent of Emaswati’ are struggling to service their debts. According to the data, household indebtedness stood at 79.05 percent in June 2023, up from 68.3 percent in June 2022. According to the Financial Stability Report, household […]

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CONSTRUCTION SECTOR GREW BY 34% IN 2023

CONSTRUCTION SECTOR GREW BY 34% IN 2023

BY BUSINESS EDITOR MBABANE – The 2023 third Quarter Gross Domestic Product (GDP) estimates report has revealed that the construction works grew by 34 per cent in 2023. According to the report, the construction industry was the main contributor to the growth rate experienced in the Secondary Growth Sector. The Secondary Growth Sector contributed 36 […]

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SNG GRANT THORNTON WINS MULTIMILLION TENDER

BY BUSINESS EDITOR MBABANE – SNG Grant Thornton has been enlisted as the best-evaluated tenderer to provide external audit services for Sincephetelo MVA Fund tender. This was revealed by the Eswatini Public Procurement Regulatory Agency (ESPPRA) on their website. The tender was awarded to the company on Friday and they are expected to begin executing […]

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