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Eswatini Financial Times

EFT Reporter

Africa

Stocks make little progress, gold rises as tariff news looms

U.S. equities were barely changed while European stocks fell on Wednesday and safe-haven gold was in demand as investors anxiously awaited details of U.S. President Donald Trump’s tariff plans and…
Africa

The Aussie is losing its way as markets’ risk compass

The Australian dollar’s surprising resilience in the face of the hit to market sentiment from U.S. tariffs is raising questions whether its long-standing role as a proxy for risk is…
Africa

Glass Lewis recommends voting against CEO pay at Goldman Sachs

Proxy adviser Glass Lewis recommended investors cast advisory votes against the pay of top Goldman Sachs (GS.N), opens new tab executives, citing the Wall Street bank’s “continued inability to align…
Africa

EWSC injects E 1.1 billion into improved water access, sanitation

By Delisa MagagulaThe Eswatini Water Services Corporation (EWSC) has embarked on a transformative project to improve water supply and sanitation services in the Manzini region. With an investment of E1.1…
Africa

King commissions nationwide Army recruitment

His Majesty King Mswati III and the Queen Mother Indlovukazi at the 25th Army Day celebrations at Nokwane on Friday. By Thokozani Mazibuko The Kingdom of Eswatini continues to intensify…
Africa

Planned US auto tariffs shake global industry as price hikes

The United States’ announcement of a 25% tariff on auto imports rippled throughout the world on Thursday, as global vehicle suppliers warned of immediate price hikes and dealers raised fears…
Africa

Gold climbs as new Trump tariffs on auto sector stoke trade tensions

Gold prices hit their highest in nearly a week on Thursday after U.S. President Donald Trump announced new tariffs on auto imports starting next week, escalating global trade tensions that…
Africa

South African rand gains amid unease over Trump’s tariff plans

South Africa’s rand edged higher early on Wednesday, as investors mulled over U.S. President Donald Trump’s reciprocal tariff plans which they fear will cause an economic slowdown. At 0707 GMT,…
Africa

68% of Emaswati can’t handle their finances

By Delisa Magagula Recent statistics paint a troubling picture of financial literacy levels in the country. According to the latest report, only 26% of citizens demonstrate overall financial capability, while…
Africa

Earth Hour promotes environmental conservation

With Siphesihle Dlamini With the world recognizing Earth Hour 2025, on March 22 from 8:30 pm to 9:30 pm, local time, millions of people will unite in a powerful demonstration…