- 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…
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 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…
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 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…
Read More- 9 November 2024
- EFT Reporter
Over 1000 suspicious transactions recorded
Neal Rijkenberg By 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…
Read More- 4 November 2024
- EFT Reporter
Eswatini’s coin recirculation solution gains global recognition
By Siphesihle Dlamini Eswatini is proving that there’s still a place for coins. At the forefront of this resurgence is the Kingdom’s innovative approach to addressing the perennial challenges of…
Read More- 4 November 2024
- EFT Reporter
Govt fully behind the “Take the right path” theme
By Thokozani Mazibuko “Take the Right Path,” is localized to “NKWE! Asihloniphe emalungelo, sincobe iAIDS Eswatini,” reflects the critical connection between fundamental rights and the ongoing battle against HIV and…
Read More- 5 October 2024
- EFT Reporter
Consumers breathe sigh of relief with fuel price reduction
By Ncaba NtshakalaThe recent drop in fuel prices, announced by the Ministry of Natural Resources and Energy, is a happy moment for Eswatini’s consumers and its economy. For the second…
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