- 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- 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
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- 17 November 2024
- EFT Reporter
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…
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- 9 November 2024
- EFT Reporter
Heatwave has affected country’s crops, imports to increase
by Bahle GamaAs 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.In an…
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- 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- 6 November 2024
- EFT Reporter
Four local musos sign with True Classic
By Siphesihle DlaminiFour 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 Drop…
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