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EFT Reporter

Africa

SACU receipts decline poses challenges as govt moves to stabilize the fiscus

By Ncaba Ntshakala The Minister of Finance, Neal Rijkenberg, has highlighted the significant decline in Southern African Customs Union (SACU) receipts as a pressing fiscal challenge facing Eswatini. Speaking during…
Africa

Dlalapencil’s raw pencil!

By Siphesihle DlaminiEswatini’s artistic renaissance has a few names that stand as prominently as that of Ronnie Ndzimandze, an unassuming yet revolutionary force in the world of portraiture. Known widely…
Africa

‘Young Zesh didn’t communicate before leaving’ – Upscale Live

By Siphesihle DlaminiUpscale Live, a prominent record label in the Kingdom known for its commitment to nurturing local talent, has confirmed the unexpected departure of rising star Young Zesh. Upscale…
Dowloands

Scammers siphon US$1 trillion globally in 2024

By Bahle GamaAccording to the Global Anti-Scam Alliance, scammers have siphoned away more than US$1 trillion globally in the past year, costing certain countries losses of more than 3 per…
Africa

Crackdown on liquor outlets near institutions of learning

By Bahle GamaThe Ministry of Commerce, Industry, and Trade is taking a firm stance against liquor outlets operating near institutions of learning, courtesy of the successful passage into law of…
Africa

ECONOMIC DEVELOPMENT TOP PRIORITY IN EWADE’S MNWAP’S PROJECT

By Lwazi DlaminiThe Eswatini Water and Agricultural Development Enterprise (EWADE) Mkhondvo-Ngwavuma Water Augmentation Project has a four-pronged approach with economic development the main priority.The other three areas of priorities are,…
Africa

Inyatsi Foundation pumps E100 000 donation to boost disaster relief efforts

By Ncaba NtshakalaInyatsi Foundation has taken a compassionate and impactful step in supporting emaSwati struggling with the devastating aftermath of recent natural disasters by donating food parcels, blankets, and mattresses…
Africa

SACU revenue declines by 20.4%, E2.66 billion shortfall in 2025/26

By Ncaba NtshakalaThe Kingdom of Eswatini has experienced a significant decline in Southern African Customs Union (SACU) revenue for the 2025/26 fiscal year, marking a 20.4 per cent reduction compared…
Africa

Exchange rate risks loom despite growth prospects

By Thokozani Mazibuko Africa’s economic outlook for 2025 presents a paradox: substantial growth potential coupled with heightened exchange rate risks.As nations across the continent strive to stabilize their economies amid…
Africa

“Art is God Given Talent”- Nkosinathi

By Siphesihle DlaminiNkosinathi Mamba, a self-taught fine artist from Eswatini, is making waves with his powerful and diverse artwork. From pen and pencil drawings to vibrant wall paintings, his ability…