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EFT Reporter

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…
Africa

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

By Siphesihle DlaminiTemvelo 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. The…
Africa

Mpakeni Dam expected to start irrigation in 2027-2028

By Bahle GamaMinister 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.In a…
Africa

Uncle Waffles in over E1 Mln lawsuit

By Siphesihle DlaminiEswatini-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 East…
Africa

Africa will only mobilise US$195 billion by 2035

By Bahle GamaAfrica’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 mobilise…
Africa

World Vision Eswatini Secures E341 Million in Funding, Empowers Over 180,000 Lives

by Ncaba NtshakalaWorld Vision Eswatini (WVE) has achieved a major milestone, securing E341 million (US$18.102 million) in funding for the financial year ending September 30, 2024. This marks an increase…
Africa

Project to Increase Domestic Power Generation by 26 Per Cent

By Bahle GamaEswatini’s leading construction company, Inyatsi Construction, has been selected to spearhead the E1.1 billion Lower Maguduza Hydropower Project—a long-awaited initiative set to transform the nation’s energy sector. The…