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EFT Reporter

Africa

PM denounces leaks as a well-planned strategy to cause global economic resentment towards Eswatini

By Siphesihle DlaminiPrime Minister Russell Dlamini provided insights into the ongoing investigation surrounding the leaks from the Eswatini Financial Intelligence Unit (EFIU). The Prime Minister asserted that the unauthorized dissemination…
Africa

EWADE projects to create close to 4,000 jobs in 2024/25 financial year

By Thokozani MazibukoIn a significant announcement aimed at boosting agricultural productivity and employment, the EWADE (Eswatini Water Agricultural Development Enterprise) has projected an impressive sales target of E51,728,460.00 for the…
Africa

ESCCOM makes E43.4 million in revenue

By Delisa Thwala Revenue for the Eswatini Communications Commission (ESCCOM) the period under review which is, April 1, 2024, to May 31, 2024, was E43.4 million. This information is contained…
Africa

Built Infrastructure Key to Eswatini’s Socio-Economic Transformation

Nomsa DlaminiSince gaining independence in 1968, Eswatini has seen significant economic growth, evolving from a nation with just one tar road leading to the colonial offices to boasting some of…
Agriculture

China stops short of Africa debt relief as pledges more cash

By Duncan Miriri and Laurie ChenNAIROBI/BEIJING – China stopped short of providing the debt relief sought by many African countries this week, but pledged 360 billion yuan ($50.7 billion) over…
Africa

MSMEs applaud Eswatini International Trade Fair 2024 for business growth

By Ncaba Ntshakala Micro, Small, and Medium Enterprises (MSMEs) have hailed the Eswatini International Trade Fair 2024 as a positive business environment, describing it as a significant platform for growth.…
Africa

Eswatini’s Greatest Asset: Empowering Youth for a Brighter Future

By Nomsa DlaminiAs Eswatini marks 56 years of independence, the nation’s greatest asset is clear: its vibrant youth. Representing the future of the kingdom, young people hold the potential to…
Africa

Obsession bags Ligwalagwala FM monthly residency

By Siphesihle DlaminiTalented DJ Obsession has secured a monthly residency at Ligwalagwala FM for September. This marks a significant milestone in his career. Obsession confirmed the residency. Starting this Friday,…
Africa

Over E60 trillion in trade potential for Eswatini

By Ncaba NtshakalaDuring the 56th Eswatini International Trade Fair official opening, the AfCFTA Secretary General Wamkele Mene delivered an impassioned plea about the transformative potential of the African Continental Free…
Africa

Soars to E9.067 billion as business services and financial sector lead outflows

by Ncaba NtshakalaThe Central Bank of Eswatini’s Annual Economic Review for 2023 revealed a significant surge in the country’s import bill for services, amounting to a record E9.067 billion. This…