Eswatini Financial Times

EFT Reporter

Trump administration fined this low-income migrant $1.8 million

Wendy Ortiz was surprised to find out she was being fined by U.S. immigration authorities for being in the country illegally – but it was the amount that truly shocked…

Minister Finance testifies to stability, growth in Eswatini

By Delisa Magagula Minister of Finance, Neal Rijkenberg, has asserted that Eswatini presents a ‘lovely opportunity’ for businesses, citing his 25 years of experience in the country. He emphasized the…

Eswatini Tourism signs MoU with KwaZulu Natal Tourism & Film

By Siphesihle Dlamini Enhancing regional tourism, Eswatini Tourism and KwaZulu Natal Tourism & Film have formalized their partnership through a Memorandum of Understanding (MoU). This landmark agreement aims to bolster…

PM unveils E250 bln programme of action for economic growth

By Delisa Magagula Prime Minister Russell Mmiso Dlamini announced a bold E250 billion Programme of Action aimed at propelling Eswatini towards exponential and inclusive growth. In a recent address, he…

Alcohol, tobacco products going up by 2 %

Minister of Finance Neal Rijkenberg and Minister of Justice Prince Simelane in Parliament on Friday. By Thokozani Mazibuko Members of Parliament (MPs) have approved the Alcohol and Tobacco Levy Amendment…

Afriximbank commits to finance E30 bln investments into Eswatini

By Kwanele Dhladhla Afriximbank has committed to financing projects set to transform the Kingdom of Eswatini to economic greatness, including the E30 billion pledges made at the inaugural investment conference,…

UN injects millions to support Eswatini’s SDGs

By Delisa Magagula The United Nations has reported that it has invested over E2 million in support of Eswatini’s efforts to achieve the 17 Sustainable Development Goals (SDGs). The investment…

Daily business transactions monitored, AI to uncover potential tax fraud

By Kwanele Dhladhla The Eswatini Revenue Service (ERS) is tightening its grip on tax defaulters, with the latest move being the monitoring of transactions in real time to detect anomalies…

Government commissions E135 mln Pigg’s Peak Factory

By Ncaba Ntshakala The Minister of Commerce, Industry and Trade, Manqoba Khumalo, has officially commissioned the construction of a factory shell in Pigg’s Peak valued at an impressive E135 million.…

EWADE remits E517mln to government in taxes

EWADE CEO Samson Sithole By Lwazi Dlamini The Eswatini Water and Agricultural Development Enterprise has not only expanded its footprint across the country but has contributed a staggering E517 million…