- 21 January 2025
- EFT Reporter
Scammers siphon US$1 trillion globally in 2024
By Bahle GamaAccording to the Global Anti-Scam Alliance, scammers have siphoned away more than US$1 trillion globally in the past year, costing certain countries losses of more than 3 per…
Read More- 18 January 2025
- EFT Reporter
Inyatsi Foundation pumps E100 000 donation to boost disaster relief efforts
By Ncaba NtshakalaInyatsi Foundation has taken a compassionate and impactful step in supporting emaSwati struggling with the devastating aftermath of recent natural disasters by donating food parcels, blankets, and mattresses…
Read More- 18 January 2025
- EFT Reporter
SACU revenue declines by 20.4%, E2.66 billion shortfall in 2025/26
By Ncaba NtshakalaThe Kingdom of Eswatini has experienced a significant decline in Southern African Customs Union (SACU) revenue for the 2025/26 fiscal year, marking a 20.4 per cent reduction compared…
Read More- 16 January 2025
- EFT Reporter
Exchange rate risks loom despite growth prospects
By Thokozani Mazibuko Africa’s economic outlook for 2025 presents a paradox: substantial growth potential coupled with heightened exchange rate risks.As nations across the continent strive to stabilize their economies amid…
Read More- 14 January 2025
- EFT Reporter
Mpakeni Dam expected to start irrigation in 2027-2028
By Bahle GamaMinister of Finance Neal Rijkenberg says the Mpakeni Dam is expected to start the first irrigation around 2027-2028, and from then, it will have a huge expansion.In a…
Read More- 14 January 2025
- EFT Reporter
Uncle Waffles in over E1 Mln lawsuit
By Siphesihle DlaminiEswatini-born and world-acclaimed DJ Uncle Waffles, born Lungelihle Zwane, is at the centre of a legal dispute involving an E1 million lawsuit filed by a promoter in East…
Read More- 13 January 2025
- EFT Reporter
Project to Increase Domestic Power Generation by 26 Per Cent
By Bahle GamaEswatini’s leading construction company, Inyatsi Construction, has been selected to spearhead the E1.1 billion Lower Maguduza Hydropower Project—a long-awaited initiative set to transform the nation’s energy sector. The…
Read More- 11 January 2025
- EFT Reporter
Eswatini’s AGOA Trade Agreement Renewed
By Lwazi Dlamini and Karabo NgoepeEswatini’s inclusion in the African Growth and Opportunity Act (AGOA) has been renewed, allowing the country to continue benefiting from duty-free access to U.S. markets…
Read More- 9 January 2025
- EFT Reporter
Apple clarifies Siri privacy stance after $95 million class action settlement
Apple clarified on Wednesday that it has never sold the data collected by its Siri voice assistant or used it to create marketing profiles, just days after settling a case…
Read More- 11 December 2024
- EFT Reporter
EWADE successes charms Botswana-based investor
By Lwazi DlaminiThe Eswatini Water and Agricultural Development Enterprise (EWADE) continues to cement its position as a catalyst for international investment, with Botswana-based African Agriculture expressing keen interest in Eswatini’s…
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