Eswatini Financial Times

EFT Reporter

Threat to Eswatini’s Cannabis Illegal Market Grows

By: Ntombi Mhlongo With the Republic of South Africa forging ahead with plans to implement total commercialisation of the cannabis plant, there are fears that this will be the biggest…

As Eskom Woes Deepen, Power Cuts Loom for Eswatini

By: Ntombi Mhlongo As ESKOM woes continue in neighbouring South Africa, Eswatini faces the risk of experiencing the same woes of load shedding currently being experienced by that country. Eswatini…

Eswatini Railway Trade Deal Triggers Mixed Reactions

By: Ntombi Mhlongo An investigation by the Eswatini Financial Times has found that there are between 80-100 trucks that enter the country daily through Ngwenya Border Gate ferrying coal from…

Over E10m budget for Peak Timbers, Rocklands expansion 

By Ntombi Mhlongo As part of a plan to double its capacity output, the Shiselweni Forestry Company (SFC) has set a budget of over E10 million to upgrade the Peak…

Inyatsi Construction Gives E2m Boost to COSAFA Under-20

BY: Lwazi Dlamini Multinational Inyatsi Construction Company has shown its corporate social responsible citizen side by pumping a sum of E2 million towards Eswatini hosting the annual COSAFA Under-20 Youth…

Fuel retailers bash GOVT, ESERA for high operating costs

By Ntombi Mhlongo Lack of transparency, high operating costs, and questionable granting of licences comprise the challenges faced by fuel retailers in the country. In a closed session held as…

Eswatini pledges E17.6 million for the fight against HIV/AIDS, Malaria

By Phephile Motau Eswatini has pledged about E17.6 million (US$1 million) to the Global Fund to Fight AIDS, Tuberculosis, and Malaria. The country was one of those which made pledges…

Jobs boom in mining on the horizon

By Ntombi Mhlongo The government seems to be on the right track in unlocking the mining sector and making it a priority area to boost the country’s economy. The latest…

EU’s E1.2bn boosts sugarcane farmers’ lives

By Phephile Motau The about E1.2 billion pumped in by the European Union (EU) into Eswatini’s sugar sector has resulted in a significant increase in smallholder sugarcane growers’ income. Eswatini…

Umhlanga 2nd leg rekindles tourism sector flames

By Bahle Gama The Shiselweni Umhlanga Ceremony drew in more tourists, some of whom were attending for the first time. The ceremony was the last leg of this year’s reed…