• #111 (no title)
  • About Us
  • Contact Us
  • COVID-19 Coronavirus Global Data
  • Home 3
  • Job Dashboard
  • Jobs
  • Log In
  • Post a Job
  • Privacy Policy
  • Privacy Policy
  • Reset Password
  • Sign Up
  • Tenders
  • test
Thursday, June 1, 2023
Independent News
  • Home
  • COVID-19
    • COVID-19 Global Data
  • News
    • Local
    • South Africa
    • Africa
    • World
  • Business
    • Economy
    • Markets
    • Finance
    • Businesses
    • World Economy
  • Technology
  • Travel
    • Travel News
    • Hotels
    • Domestic Tourism
    • Health
    • Home and Garden
    • Motoring
    • Travel Tips
  • Entertainment
    • Local
    • Upcoming Events
    • International
    • Celebrity News
    • What’s On
    • Music
    • Movies
  • Tenders
  • Sports
    • Local Sports
    • Legend Corner
    • International Sports
    • Soccer
    • Rugby
    • Cricket
    • Tennis
    • Boxing
    • Cycling
    • Golf
No Result
View All Result
  • Home
  • COVID-19
    • COVID-19 Global Data
  • News
    • Local
    • South Africa
    • Africa
    • World
  • Business
    • Economy
    • Markets
    • Finance
    • Businesses
    • World Economy
  • Technology
  • Travel
    • Travel News
    • Hotels
    • Domestic Tourism
    • Health
    • Home and Garden
    • Motoring
    • Travel Tips
  • Entertainment
    • Local
    • Upcoming Events
    • International
    • Celebrity News
    • What’s On
    • Music
    • Movies
  • Tenders
  • Sports
    • Local Sports
    • Legend Corner
    • International Sports
    • Soccer
    • Rugby
    • Cricket
    • Tennis
    • Boxing
    • Cycling
    • Golf
No Result
View All Result
Independent News
No Result
View All Result
Home Business

E2 Billion Mall for Manzini, 1000 jobs coming

Nhlanhla Ngwenya by Nhlanhla Ngwenya
December 5, 2020
in Business, Local, News
2 min read
0
E2 Billion Mall for Manzini, 1000 jobs coming

Minister of Commerce Industry and Trade Manqoba Khumalo

Mbabane: The Minister of Commerce Industry and Trade Manqoba Khumalo has launched a new company on “Nthwese Development”, which will bring an investment of E2 Billion to the country creating about 1000 job opportunities.

The launch of the new company took place at Royal Swazi Convention Centre at Ezulwini on Friday morning.

Speaking during the launch the Minister of Commerce expressed his appreciation for the new company for choosing to come to Eswatini to invest during these hard times.

Khumalo said Nthwese Developments comes into the country with the construction of a new mall in Manzini valued at E2 Billion and which will create about 1,000 jobs. “This will definitely bring undeniable growth to Manzini city’s economy while also adding value to the country as a whole”, he said.

Khumalo said this was a very significant investment which is set to transform the economic landscape of the Kingdom of Eswatini.

“The launch of Nthwese Developments comes at a very critical point in the Kingdom, a period in which we continue to battle the global catastrophe that is COVID-19, which has called for all economies to adopt strategies aimed at reviving the economy”.

Khumalo highlighted that despite the CIVID-19 pandemic, the Ministry of Commerce, Industry and Trade, working through the Eswatini Investment Promotion Authority (EIPA), has a mandate to contribute to the country’s economy by attracting investment into the Kingdom.

As a Ministry, he said they were working tirelessly to create an enabling environment and support for the development and growth of business in the country, in line with the Strategic Roadmap 2019-2022 and the National Development Strategy 2018-2023.

Khumalo said they were pleased that Nthwese Developments is currently at a launch stage which means we will soon realize its contribution towards the growth of the country’s GDP and job creation, which will help in alleviation of poverty and create sustainable livelihoods.

The minister added that, Government, through EIPA, will continue to support and facilitate Nthwese Developments post the launch; liaising with all relevant stakeholders to create an enabling environment for ease of doing business in Eswatini.

Making his remarks EIPA Chief Executive Officer Sibani Mngomezulu said, EIPA is available to assist in sharing information needed to do business in Eswatini. He assured Nthwese Development that EIPA will assist them in initial set up as well as hand hold them through all processes even after you have settled.

He noted that the construction of the mall will not only bring jobs, but it will also encourage entrepreneurship in the country, allowing EmaSwati from every sector of the economy and segment of the population to participate in the new development.

Share19Tweet12Share5
ADVERTISEMENT
Previous Post

Former UNESWA lecturer set to succeed Motsepe at Sundowns

Next Post

U-20s need draw to qualify for COSAFA semis

Nhlanhla Ngwenya

Nhlanhla Ngwenya

Related Posts

TUCOSWA reported Eswatini for banning Trade unions gatherings
Local News

TUCOSWA reported Eswatini for banning Trade unions gatherings

May 30, 2023
Eswatini failed business effected by Political unrest
Community News

Eswatini failed business effected by Political unrest

May 29, 2023
His Majesty King Mswati III making his remarks during the launch and sod cutting of selected business projects at Malkerns Square.
Business

King Mswati III Prioritizes Business Protection for Economic Growth and Job Creation in Eswatini

May 27, 2023
Next Post
U-20s need draw to qualify for COSAFA semis

U-20s need draw to qualify for COSAFA semis

Discussion about this post

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Eswatini failed business effected by Political unrest

Eswatini failed business effected by Political unrest

May 29, 2023
TUCOSWA reported Eswatini for banning Trade unions gatherings

TUCOSWA reported Eswatini for banning Trade unions gatherings

May 30, 2023
Security and tension still high in eSwatini

Security and tension still high in eSwatini

July 6, 2021
Ministries of Finance and Commerce, Industry and Trade officials pose with CFI officials and Finance stakeholders during the launch of the Blended FinScope MSME Survey Eswatini 2023. Photo: Eswatini Government

Eswatini launches FinScope MSME survey for financial inclusion and growth

May 18, 2023
TUCOSWA reported Eswatini for banning Trade unions gatherings

TUCOSWA reported Eswatini for banning Trade unions gatherings

May 30, 2023
Eswatini failed business effected by Political unrest

Eswatini failed business effected by Political unrest

May 29, 2023
His Majesty King Mswati III making his remarks during the launch and sod cutting of selected business projects at Malkerns Square.

King Mswati III Prioritizes Business Protection for Economic Growth and Job Creation in Eswatini

May 27, 2023
Standard bank leads in financing green energy projects

Standard bank leads in financing green energy projects

May 25, 2023
ADVERTISEMENT

PressReleases

Jehovah’s Witnesses ‘pursuing peace’ amid rising global tensions
Press Releases

Jehovah’s Witnesses ‘pursuing peace’ amid rising global tensions

August 10, 2022

Amid global tensions that dominate public attention, Jehovah’s Witnesses have been united with millions of others around the globe for...

Read more
New Scenarios on Global Food Security based on Russia-Ukraine Conflict

New Scenarios on Global Food Security based on Russia-Ukraine Conflict

March 21, 2022
MTN donates US$25 million to the African Union’s COVID-19 vaccination programme

AFRICA BRAND AWARDS: MTN named most helpful private sector brand during the pandemic

May 28, 2021
Close to 1 000 people to benefit in MTN, NAMBoard, SEL CSI projects

NAMBoard’s bid to improve stakeholder engagement programs

May 27, 2021

Stay Connected test

  • 13.6k Fans
  • 5.1k Subscribers

Recent News

TUCOSWA reported Eswatini for banning Trade unions gatherings

TUCOSWA reported Eswatini for banning Trade unions gatherings

May 30, 2023
Eswatini failed business effected by Political unrest

Eswatini failed business effected by Political unrest

May 29, 2023
His Majesty King Mswati III making his remarks during the launch and sod cutting of selected business projects at Malkerns Square.

King Mswati III Prioritizes Business Protection for Economic Growth and Job Creation in Eswatini

May 27, 2023
Standard bank leads in financing green energy projects

Standard bank leads in financing green energy projects

May 25, 2023


ADVERTISEMENT
Independent News

Independent News Eswatini is a registered private media house in Eswatini established in 2007 and is based in Mbabane. We are the fastest growing weekly news publication in Eswatini that seeks to publish, investigative stories that give insight and play the watchdog media role in government politics, uncovering corruption, giving business insights, technology and economic outlook in Eswatini.

Follow Us

Browse by Category

Recent News

TUCOSWA reported Eswatini for banning Trade unions gatherings

TUCOSWA reported Eswatini for banning Trade unions gatherings

May 30, 2023
Eswatini failed business effected by Political unrest

Eswatini failed business effected by Political unrest

May 29, 2023
His Majesty King Mswati III making his remarks during the launch and sod cutting of selected business projects at Malkerns Square.

King Mswati III Prioritizes Business Protection for Economic Growth and Job Creation in Eswatini

May 27, 2023
  • About Us
  • Advertise
  • Privacy Policy
  • Contact Us

© 2020 Independent News - All Rights Reserved

No Result
View All Result
  • Home
  • COVID-19
    • COVID-19 Global Data
  • News
    • Local
    • South Africa
    • Africa
    • World
  • Business
    • Economy
    • Markets
    • Finance
    • Businesses
    • World Economy
  • Technology
  • Travel
    • Travel News
    • Hotels
    • Domestic Tourism
    • Health
    • Home and Garden
    • Motoring
    • Travel Tips
  • Entertainment
    • Local
    • Upcoming Events
    • International
    • Celebrity News
    • What’s On
    • Music
    • Movies
  • Tenders
  • Sports
    • Local Sports
    • Legend Corner
    • International Sports
    • Soccer
    • Rugby
    • Cricket
    • Tennis
    • Boxing
    • Cycling
    • Golf

© 2020 Independent News - All Rights Reserved

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In