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finances

Eswatini Co-operatives Celebrate E3 Billion in Savings

By Lwazi DlaminiThe cooperative sector in Eswatini is making significant progress and setting an example in the Southern African region, having amassed an impressive E3 billion in savings.This announcement was…

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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…

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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 inclusion…

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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…

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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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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…

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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 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…

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IMF urges fiscal restraint as future SACU revenues decline

By Thokozani MazibukoA 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 scrutiny…

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DJs to pay an annual copyright compensation fee of E1,860

By Siphesihle DlaminiAimed to support local artists and uphold copyright laws, the Eswatini Copyright & Neighbouring Rights Society (ESWACOS) has proposed a new annual copyright fee for DJs operating within…

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