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Eswatini Financial Times

Life

Over E 1 million lost in online fraud EBA reveals

By Delisa Thwala Eswatini Bankers Association (EBA) Chairperson Mvuselelo Fakudze says in the case of online fraud where the card is not present, they have recorded an amount of E1…

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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…

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360 Facata cases valued at over E 3 million

By Delisa Thwala To date, the Royal Eswatini Police Service (REPS) statistics show that a total of 360 Facata cases have been reported to the Police with a total value…

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Phalala Fund E1.3 billion in the red

By Lwazi Dlamini The 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…

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IMF urges fiscal restraint as future SACU revenues decline

By Thokozani Mazibuko A 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…

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‘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…

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DJs to pay an annual copyright compensation fee of E1,860

By Siphesihle Dlamini Aimed to support local artists and uphold copyright laws, the Eswatini Copyright & Neighbouring Rights Society (ESWACOS) has proposed a new annual copyright fee for DJs operating…

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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…

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Minister of ICT lauds youth innovation

By Thokozani Mazibuko The 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…

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Lebombo border closure costing SA about E10 million/day

By Bahle Gama The 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…

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