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EFT Reporter

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…
Africa

Minister of ICT lauds youth innovation

By Thokozani MazibukoThe Minister of Information Communication and Technology (ICT), Savannah Maziya, in a voice of the Principal Secretary, Phesheya Dube, delivered an inspiring speech at the Code for Care…
Africa

Lebombo border closure costing SA about E10 million/day

By Bahle GamaThe Road Freight Association says the closure of the Lebombo border post between South Africa and Mozambique, and the subsequent disruption to cargo moving through the Maputo Port,…
Africa

Heatwave has affected country’s crops, imports to increase

by Bahle GamaAs a result of the heatwave that struck the country last week, crop farmers have been affected the most and the country’s imports are expected to increase.In an…
Africa

Water tariff hike: did MPs consult with emaSwati?

By Bahle GamaThe Eswatini Consumer’s Forum has questioned what informed the decision to approve a yearly 4 per cent water tariff hike by Members of Parliament (MPs).On October 30, 2024,…
Africa

Over 1000 suspicious transactions recorded

Neal RijkenbergBy Delisa Thwala The Eswatini Financial Intelligence Unit (EFIU) continued to receive Suspicious Transaction reports (STR).These reports from accountable, recorded 1,229 for the period of July to September 2024.…
Africa

Eswatini economy faces ripple effects of South Africa’s Foot-and-Mouth Disease outbreak

SBy Ncaba NtshakalaThe Eswatini economy, which is heavily intertwined with the South African market, faces potential challenges as the Republic of South Africa (RSA) grapples with a series of Foot-and-Mouth…
Africa

EU, ITC expands market access for local MSMEs at EITF 2024

By Lwazi DlaminiThe European Union (EU) and International Trade Centre (ITC) collaborated to support Micro, Small, and Medium Enterprises (MSMEs) at the 2024 Eswatini International Trade Fair (EITF). This initiative,…
Africa

Four local musos sign with True Classic

By Siphesihle DlaminiFour talented artists from the Eswatini have officially signed a record deal with the South African label True Classic Entertainment. M Nation, DJ Citie, Histo, and Cool Drop…
Africa

Survive the Black Friday sale frenzy

By Bahle GamaNovember 29, 2024, marks the official day of Black Friday globally, and the excitement of this day can lead to impulse buying, especially when faced with limited time…