Eswatini Financial Times

EFT Reporter

Tourism Industry Thrown A Lifeline

By: Bongiwe Zwane-Maseko After a long dry spell, the tourism industry heaved a sigh of relief when it welcomed over 8 000 visitors into the kingdom over the Easter weekend.…

Municipalities Struggle To Provide Services As They Are Owed E50m In Rates

By: Ntombi Mhlongo Ratepayers are shooting themselves in the foot by failing and or delaying paying rates. According to some municipalities, non-payment of rates makes it hard for them to…

Sourcing fuel from Mozambique will be detrimental to suppliers

 By Ntombi Mhlongo The requirement for paying stamp duties on all fuel imports from Mozambique will result in increased costs for suppliers The closure of refineries in South Africa is…

Surviving Six Decades Of Hospitality… From Highlands View Hotel To The Mountain Inn And Now Mountain View International Hotel

By: Bongiwe Zwane-Maseko Like a phoenix rising from the ashes, one of Eswatini’s oldest and finest hotels has undergone an impressive facelift, adding value to its already ‘home away from…

Eswatini Winter Revolution: What Has Come To Light So Far?

By Alec Lushaba Special Investigative Report: Part 2 The Eswatini Financial Times (EFT) can reveal a series of meetings held by foreign funders, activists and pro-democracy forces in three countries…

Textile Workers’ Anguish In Eswatini

By: Phephile Motau and Muzi Dlamini Textile workers in the country cannot afford the essential commodities and have indicated that they have resorted to sex work to supplement their income.…

Eswatini doesn’t produce enough of anything – EIPA CEO

Eswatini does not produce enough goods, which has partly contributed to foreign investors continuing to outsource produce. This is according to EIPA CEO Sibani Mngomezulu, who was responding to a…

Govt Sets Aside E0.5bn For Parastatals Merger And Shutdown

By Phephile Motau The government has set aside E0.5 billion for the streamlining and merging of State-Owned Enterprises (SOEs) exercise, and a larger amount of it will go towards retrenchment…

Project developers inject E1.5bn into economy

By Phephile Motau Project developers have injected above E1.5 billion into the economy by implementing several infrastructure projects. According to information sourced from the Construction Industry Council (CIC) the amount…

EHB to inject E48m for Ngwenya’s infrastructure development

By Bahle Gama The Eswatini Housing Board (EHB) is expected to spend an estimated E48 million on infrastructure development in Ngwenya Town. EHB’s Managing Director Mduduzi Dlamini told the Eswatini Financial…