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Eswatini Financial Times

EFT Reporter

Africa

New National Development Plan for country’s economic growth

By Bahle Gama The government through the Ministry of Economic Planning and Development has developed a new National Development Plan (NDP) 2023/24- 2027/28 that will help in transforming the economy…
Articles

Statutory increment to give ENPF E159.6m cash injection

By Sifiso Sibandze With the announced 6.0 per cent increment of the statutory contribution, the Eswatini National Provident Fund (ENPF) will get an E159.6 million cash injection for the year…
Central Bank Investigation Africa

Housing market projected to crash in 2023

By Khulile Thwala Following a season of hyperactivity that was caused by record-low interest rates, the housing market in Eswatini and the rest of Southern Africa is showing signs of…
Editor's Picks

Over E150m needed for OVC fees grant increase

By Ntombi Mhlongo As the calls for a review of the Orphaned and Vulnerable Children (OVC) education grants grow, the government would need to fork out around E150 million a…
Africa

More money needed for second phase of minerals survey

By Ntombi Mhlongo The Ministry of Natural Resources and Energy has filed a request for a budget to conduct the second phase of the Multi-Disciplinary Geoscience Mapping meant to identify…
Africa

Short-term drought to result in huge losses for farmers

By Khulile Thwala The effects of climate change are starting to rear their ugly head as the Ministry of Agriculture has projected a potentially huge loss for farmers due to…
Editor's Picks

Mpakeni Dam construction: Bids submission deadline extended

By Phephile Motau Potential bidders for the E2.7 billion Mpakeni Dam and Associated Works project by the Eswatini Water and Agricultural Development Enterprise (ESWADE) still have a chance to submit…
Africa

Russia-Africa Summit a chance for Eswatini to deepen trade  

By Ntombi Mhlongo  The recent visit by the Russian Federation Minister of Foreign Affairs, Sergey Lavrov opened a big opportunity for the Kingdom of Eswatini to increase its trading partners…
Africa

Building youth entrepreneurship in Eswatini 

By Dumi Jere  In August, Kenyan Deputy President William Ruto was declared the winner of last week’s presidential election. President-elect Ruto, 55, ran the campaign as a champion of the…
Economy

Delayed Salary Review, to compromise Budget

Article compiled by SARFED Since 2016, The Kingdom of Eswatini has not reviewed its salary framework for its labour force despite the socio-economic challenges that the country has faced, both…