- 19 November 2024
- EFT Reporter
Alcohol, Tobacco levy increase to boost domestic revenue
By Ncaba NtshakalaThe Minister of Finance, Neal Rijkenberg, revealed in Parliament when delivering the Mid-Term Review that the government plans to introduce a significant increase in the alcohol and tobacco…
Read More- 18 November 2024
- EFT Reporter
Mining boom in South Africa sets stage for growth in Eswatini’s mining sector
By Ncaba NtshakalaThe recent surge in South Africa’s mining production, which increased by 4.7% year-on-year in September 2024, has surpassed expectations and provides a strong indication of the sector’s resilience…
Read More- 17 November 2024
- EFT Reporter
Phalala Fund E1.3 billion in the red
By Lwazi DlaminiThe cat is finally out of the bag!The suspension of the Phalala Referral Fund by the Government last year came because of a staggering over E1 billion debt.The…
Read More- 14 November 2024
- EFT Reporter
IMF urges fiscal restraint as future SACU revenues decline
By Thokozani MazibukoA laser-focused report from the International Monetary Fund (IMF) during its recent Annual Article IV mission, the finance landscape of the country is set to undergo significant scrutiny…
Read More- 14 November 2024
- EFT Reporter
‘We are looking to create the best copyright system in the continent’
The Principal Secretary of the Ministry of Commerce, Industry and Trade, Melusi Masuku, articulated that their goal is to establish ‘the best copyright system in the continent.’ The economic implications…
Read More- 12 November 2024
- EFT Reporter
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…
Read More- 9 November 2024
- EFT Reporter
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,…
Read More- 9 November 2024
- EFT Reporter
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.…
Read More- 8 November 2024
- EFT Reporter
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…
Read More- 6 November 2024
- EFT Reporter
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,…
Read More