- 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 December 2024
- EFT Reporter
Government’s ‘Handcrafted’ E5 million Policy
By Delisa Thwala Through Policy Area three of the Eswatini National Handicraft Sector Policy 2024-2030, the government is set to invest E5 million.This will be invested in expanding and incubation…
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…
Read More- 28 November 2024
- EFT Reporter
Implementation of approved RDF Projects
During the period under review there were four completed projects, all infrastructural. The completed projects are worth E1 717 759.00 and benefitting 107 direct beneficiaries and 40 jobs created. This…
Read More- 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- 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- 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
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- 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- 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…
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