Eswatini Financial Times

Spotlight

25% of MTN Bushfire tickets sold

By Siphesihle Dlamini Ticket 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…

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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…

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Alcohol, Tobacco levy increase to boost domestic revenue

By Ncaba Ntshakala The 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…

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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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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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Heatwave has affected country’s crops, imports to increase

by Bahle Gama As a result of the heatwave that struck the country last week, crop farmers have been affected the most and the country’s imports are expected to increase.…

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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…

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EU, ITC expands market access for local MSMEs at EITF 2024

By Lwazi Dlamini The 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…

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Four local musos sign with True Classic

By Siphesihle Dlamini Four talented artists from the Eswatini have officially signed a record deal with the South African label True Classic Entertainment. M Nation, DJ Citie, Histo, and Cool…

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