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Eswatini Financial Times

EFT Reporter

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 Gama Eswatini’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.…
Africa

Eswatini’s AGOA Trade Agreement Renewed

By Lwazi Dlamini and Karabo Ngoepe Eswatini’s inclusion in the African Growth and Opportunity Act (AGOA) has been renewed, allowing the country to continue benefiting from duty-free access to U.S.…
Africa

Apple clarifies Siri privacy stance after $95 million class action settlement

Apple clarified on Wednesday that it has never sold the data collected by its Siri voice assistant or used it to create marketing profiles, just days after settling a case…
Africa

Government’s ‘Handcrafted’ E5 million Policy

By Delisa Thwala Through Policy Area three of the Eswatini National Handicraft Sector Policy 2024-2030, the government is set to invest E5 million. This will be invested in expanding and…
Africa

EWADE successes charms Botswana-based investor

By Lwazi Dlamini The Eswatini Water and Agricultural Development Enterprise (EWADE) continues to cement its position as a catalyst for international investment, with Botswana-based African Agriculture expressing keen interest in…
Africa

Govt moves to review Supreme Court Judgment on Phase II

By Thokozani Mazibuko The Government has announced its intention to review the Supreme Court’s judgment on Phase II of the process. The announcement comes after a thorough examination of the…
Africa

E21.8 million tetfulo a sign of economic growth – King

Stories by Bahle Gama His Majesty King Mswati III says the gifts presented at the Incwala ceremony indicate that the country’s economy is growing. The King said this during the…
Africa

ENPF Investments increase on local and foreign lands

By Delisa Thwala Eswatini National Provident Fund (ENPF)’s investment has soared for the year 2024. This is contained in the CEO’s performance report which she presented during the 6th ENPF…
Africa

ENPF Contributions increase by E59 million

By Delisa Thwala The financial year 2023/24 that ended June 2024 has been a favourable year for the Eswatini National Provident Fund (ENPF). ENPF’s contributions received increased by E59 million,…