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finances

ENPF Contributions increase by E59 million

By Delisa Thwala The financial year 2023/24 that ended June 2024 has been a favourable year for the Eswatini National Provident Fund (ENPF).ENPF’s contributions received increased by E59 million, this…

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ESERA records E49.23 million income

By Delisa Thwala In the Financial Year 2023/24, The Eswatini Energy Regulatory Authority (ESERA) received a total income of E49.23 million, a 4% increase from the previous fiscal year. Majority…

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E86mln for over 43000 Civil Servants’ sweetener

By Thokozani MazibukoCivil servants in Eswatini are set to have a blissful Christmas as they are set to share an E86 million sweetener as part of their 1 per cent…

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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…

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CIC goes from E3 billion to over E 5 billion worth of projects

By Delisa Thwala The Construction Industry Council (CIC) of Eswatini has registered over 1000 contractors valued at E 5 836 390 795 billion for the year 2023/2024. This was revealed…

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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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