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Eswatini Financial Times

EFT Reporter

Africa

Civil servants reluctant to join national pension fund, delays ENPF conversion

ENPF Conference attendees. By Phephile Motau Dissenting views have delayed the conversion of the Eswatini National Provident Fund (RENPF) to a pension fund. These were the assertions of the Minister…
Africa

‘Birds’ cost Bishop Lukhele E15 million

Resigned Mbabane Swallows President Bishop Bheki Lukhele. By Lwazi Dlamini Resigned Mbabane Swallows President Bishop Bheki Lukhele spent slightly over E15 million during his three-and-half-year reign at the Capital City…
Africa

South African rand recovers from ‘panicked’ record low

South African Rand coins are seen in this illustration picture taken October 28, 2020. REUTERS/Mike Hutchings/Illustration JOHANNESBURG (Reuters) – The South African rand made a strong recovery on Friday from…
Africa

Dollar gains on resilient U.S. economy, flight to safety

A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo. REUTERS/Yuriko Nakao By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) – The dollar hit a fresh two-month…
Africa

South African rand slips with focus on rate decision

South African Rand coins are seen in this illustration picture taken October 28, 2020. REUTERS/Mike Hutchings/Illustration JOHANNESBURG (Reuters) – South Africa’s rand slipped against a stronger dollar on Wednesday, as…
Africa

South Africans face more interest rate hike pain as inflation sticks

FILE PHOTO: A view shows the logo of South Africa’s central reserve bank, at the reserve bank offices in Pretoria, South Africa. REUTERS/Siphiwe Sibeko By Kopano Gumbi JOHANNESBURG (Reuters) -South…
Africa

Eswatini’s bed-crisis

….lack of accommodation is a major hurdle for the tourism industry Bedding in a hotel. By Bahle Gama The country does not have enough beds to accommodate tourists that continue…
Africa

South Africa’s April inflation slows more than forecast to 6.8% y/y

Boys help their father (not pictured) pack a vegetable and fruit stall as coronavirus disease (COVID-19) lockdown regulations ease at the Elias Motsoaledi Informal Settlement in Soweto, South Africa. REUTERS/Siphiwe…
Africa

South African rand stabilises after Monday’s mini-recovery

South African Rand coins are seen in this illustration picture taken October 28, 2020. REUTERS/Mike Hutchings/Illustration JOHANNESBURG (Reuters) – The South African rand was broadly flat on Tuesday, a day…
Africa

African airlines show interest in partnering with Eswatini Air

Eswatini Air Representative Amos Mkhatjwa, PS Thulani Mkhaliphi, Miniser Manqoba Khumalo and BE CEO Nathi-Dlamini By Bahle Gama Airlines in the African continent are showing interest in partnering with Eswatini…