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Eswatini Financial Times

EFT Reporter

Africa

Pretty hampers, ugly prices

By Siphesihle Dlamini Every December, Eswatini’s supermarkets transform into glittering theatres of festive seduction, where bright lights, colourful banners, and red-and-gold themed displays cast a spell powerful enough to make…
Africa

E16.85 mln investment bolsters Eswatini’s education sector

By Delisa MagagulaEswatini has recorded a significant milestone in its education journey, following UNICEF Eswatini’s appointment as the Grant Agent for the Global Partnership for Education (GPE) System Capacity Grant.…
Dowloands

Provisional gross official reserve sits at E15.4bn

Provisional gross official reserves stood at E15.4 billion at the end of November reflecting growth of 6.8 per cent month-on-month and 21.8 per cent year-on-year. The month-on-month growth was mainly…
Africa

Private sector credit climbs to E21.7bn

By Delisa MagagulaCredit to the private sector grew marginally by 0.04 per cent month-on-month and 8.2 per cent year-on-year to reach E21.7 billion in October.The month-on-month increase was mainly driven…
Africa

Eswatini, US ink historic E4 billion Health MoU

By Delisa Magagula Eswatini and the United States of America have reinforced their long-standing cooperation in the health sector with the signing of a bilateral Memorandum of Understanding (MoU) that…
Africa

Eswatini, SADC spend E7.8bln mitigating drought, floods

By Delisa Magagula Eswatini and other Southern African Development Community (SADC) member states have spent a staggering E7.8 billion over the past decade mitigating risks caused by severe droughts and…
Africa

Employers give ENPF conversion the nod

By Kwanele Dhladhla The private sector has given its blessing to the long-debated conversion of the Eswatini National Provident Fund (ENPF) into a fully-fledged pension scheme, with business leaders emphasising…
Africa

MTN dividends to SEL drop by E15.4 mln in 2 Years

By Kwanele Dhladhla Swazi Empowerment Limited (SEL), one of Eswatini’s largest locally owned investment companies, has reported a steep decline in dividend income from its cornerstone investment in MTN Eswatini,…
Dowloands

Trump says US has a buyer for TikTok

President Donald Trump said on Tuesday that the U.S. and China have a deal that would keep TikTok operating in the United States, transferring its U.S. assets to U.S. owners…
Africa

E250 mln severance burden, 20k job losses under new law

By Delisa Magagula Business Eswatini has warned that the prohibition of triangular employment, as outlined in Section 129 of the Employment Bill No. 12 of 2024, could trigger devastating consequences…