- 28 November 2024
- EFT Reporter
Tinkhundla Ministry pumps over E35 million into 53 projects
By Delisa Thwala The Ministry of Tinkhundla Administration and Development has completed their major projects to the value of E35 603 018 72. This is contained in their 2nd Financial…
Read More- 28 November 2024
- EFT Reporter
CIC goes from E3 billion to over E 5 billion worth of projects
By Delisa Thwala The Construction Industry Council (CIC) of Eswatini has registered over 1000 contractors valued at E 5 836 390 795 billion for the year 2023/2024. This was revealed…
Read More- 21 November 2024
- EFT Reporter
NACAs receive E500,000 boost from Burkina Faso
By Siphesihle DlaminiThe NACAs, which play a pivotal role in recognizing and celebrating the artistic talents and cultural heritage of Eswatini, are poised to benefit immensely from this timely financial…
Read More- 21 November 2024
- EFT Reporter
25% of MTN Bushfire tickets sold
By Siphesihle DlaminiTicket sales for the MTN Bushfire festival have witnessed a record-breaking launch, with over 25% of the festival’s tickets already sold online and through the MTN MoMo WhatsApp…
Read More- 19 November 2024
- EFT Reporter
Financial Inclusion High in Eswatini
By Delisa Thwala The recently launched Digital Readiness Assessment (DRA) report has revealed that Financial inclusion is high in Eswatini.According to the National Financial Inclusion Strategy II (2023-2028) financial inclusion…
Read More- 18 November 2024
- EFT Reporter
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…
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- 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- 13 November 2024
- EFT Reporter
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…
Read More- 12 November 2024
- EFT Reporter
Lebombo border closure costing SA about E10 million/day
By Bahle GamaThe 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 Port,…
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