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Sunday Observer (Eswatini)
Sunday Observer (Eswatini)

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Sunday Observer (Eswatini), 4 Oct 2026

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Sunday edition of Eswatini on national and local business news and current affairs.

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In This Edition

ArticleE19.6M FRAUD FLAGGED IN BUNYE BETFU AUDIT

Invest­ig­a­tion ongo­ing as aud­it­ors uncover ser­i­ous fin­an­cial con­cerns within the cooper­at­ive; Reg­u­lator says arrests may fol­low Board removal forms part of a three-month reg­u­lat­ory inter­ven­tion aimed at restor­ing gov­ernance and...

E19.6M FRAUD FLAGGED IN BUNYE BETFU AUDIT

ArticleCoun­try enters El Niño sea­son with stronger cush­ion

The coun­try is head­ing into the expec­ted 2026/27 El Niño sea­son from a stronger pos­i­tion than it was dur­ing the dev­ast­at­ing 2015/16 drought. Full dams, bet­ter soil mois­ture and diver­si­fied energy sources are said to be giv­ing the...

Coun­try enters El Niño sea­son with stronger cush­ion

ArticleE19.6M FRAUD FLAGGED IN BUNYE BETFU AUDIT

AE19.6 mil­lion sus­pense account and a ref­er­ence to fraud in Bunye Betfu Cooper­at­ive’s audit have emerged as some of the most ser­i­ous fin­an­cial con­cerns facing the organ­isa­tion. The rev­el­a­tions came dur­ing the present­a­tion of the...

E19.6M FRAUD FLAGGED IN BUNYE BETFU AUDIT

ArticleBunye Betfu under cur­at­or­ship

Bunye Betfu Cooper­at­ive is under tem­por­ary reg­u­lat­ory admin­is­tra­tion, but the organ­isa­tion is not being liquid­ated or closed, author­it­ies have stressed. The cla­ri­fic­a­tion was made after the Fin­an­cial Ser­vices Reg­u­lat­ory...

Bunye Betfu under cur­at­or­ship

ArticleE6.1m profits recor­ded

Bunye Betfu Cooper­at­ive recor­ded E6.1 mil­lion in profit in 2026, des­pite the gov­ernance prob­lems and audit con­cerns that have res­ul­ted in the cooper­at­ive being placed under reg­u­lat­ory admin­is­tra­tion. The fig­ure emerged dur­ing the...

E6.1m profits recor­ded