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Eswatini Financial Times

EFT Reporter

Africa

Financial Inclusion High in Eswatini

By Delisa Thwala The recently launched Digital Readiness Assessment (DRA) report has revealed that Financial inclusion is high in Eswatini. According to the National Financial Inclusion Strategy II (2023-2028) financial…
Africa

Alcohol, Tobacco levy increase to boost domestic revenue

By Ncaba Ntshakala The Minister of Finance, Neal Rijkenberg, revealed in Parliament when delivering the Mid-Term Review that the government plans to introduce a significant increase in the alcohol and…
Africa

Over E 1 million lost in online fraud EBA reveals

By Delisa Thwala Eswatini Bankers Association (EBA) Chairperson Mvuselelo Fakudze says in the case of online fraud where the card is not present, they have recorded an amount of E1…
Africa

Mining boom in South Africa sets stage for growth in Eswatini’s mining sector

By Ncaba NtshakalaThe recent surge in South Africa’s mining production, which increased by 4.7% year-on-year in September 2024, has surpassed expectations and provides a strong indication of the sector’s resilience…
Africa

360 Facata cases valued at over E 3 million

By Delisa Thwala To date, the Royal Eswatini Police Service (REPS) statistics show that a total of 360 Facata cases have been reported to the Police with a total value…
Africa

Phalala Fund E1.3 billion in the red

By Lwazi Dlamini The cat is finally out of the bag! The suspension of the Phalala Referral Fund by the Government last year came because of a staggering over E1…
Africa

IMF urges fiscal restraint as future SACU revenues decline

By Thokozani Mazibuko A laser-focused report from the International Monetary Fund (IMF) during its recent Annual Article IV mission, the finance landscape of the country is set to undergo significant…
Africa

‘We are looking to create the best copyright system in the continent’

The Principal Secretary of the Ministry of Commerce, Industry and Trade, Melusi Masuku, articulated that their goal is to establish ‘the best copyright system in the continent.’ The economic implications…
Africa

DJs to pay an annual copyright compensation fee of E1,860

By Siphesihle Dlamini Aimed to support local artists and uphold copyright laws, the Eswatini Copyright & Neighbouring Rights Society (ESWACOS) has proposed a new annual copyright fee for DJs operating…
Africa

EEC applies for a notable tariff increase of 25.51% in 2025/26

Headache for households and businesses alike, as the Eswatini Electricity Company (EEC) has submitted a request to the Eswatini Energy Regulatory Authority (ESERA) for a substantial revenue requirement of E4,219,416,214…