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Eswatini Financial Times

EFT Reporter

Africa

Crackdown on liquor outlets near institutions of learning

By Bahle Gama The 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…
Africa

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

By Lwazi Dlamini The 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…
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…
Africa

“Art is God Given Talent”- Nkosinathi

By Siphesihle Dlamini Nkosinathi 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…
Africa

Temvelo Mtsetfwa E50,000 richer, drives away in Jaecoo J7

By Siphesihle Dlamini Temvelo Mtsetfwa, the newly crowned Miss Eswatini 2024/25, walked away with a wealth of prizes, including a hefty E50,000 cash award and a luxury Jaecoo J7 vehicle.…
Africa

Mpakeni Dam expected to start irrigation in 2027-2028

By Bahle Gama Minister of Finance Neal Rijkenberg says the Mpakeni Dam is expected to start the first irrigation around 2027-2028, and from then, it will have a huge expansion.…
Africa

Uncle Waffles in over E1 Mln lawsuit

By Siphesihle Dlamini Eswatini-born and world-acclaimed DJ Uncle Waffles, born Lungelihle Zwane, is at the centre of a legal dispute involving an E1 million lawsuit filed by a promoter in…
Africa

Africa will only mobilise US$195 billion by 2035

By Bahle Gama Africa’s share of the total global climate change amounts to 55.3 per cent. At the current finance levels of around US$30 billion per year, Africa will only…