King hails Inyatsi, Shakantu’s investments in Eswatini
…says it’s a sign of strong confidence in the country His Majesty King Mswati III receives an update from Inyatsi Group Holdings Chairman Michelo Shakantu on the kind of coal…
Oil slips as Russia lifts supplies, jet fuel demand stirs caution
An oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France. REUTERS/Christian Hartmann/File Photo SINGAPORE – Oil prices dipped on Tuesday due in part to the prospect of rising…
Zimbabwe goes hungry as crops wither amid El Nino drought
Crops are withering in Zimbabwe due to the El-Nino-induced drought. By Nyasha Chingono BUHERA, Zimbabwe – Residents of the Zimbabwean village of Buhera stood in groups at a primary school…
Eswatini’s trade surplus narrows, exports remain strong
Exports were up in February 2024, totalling E3.294 billion compared to 3.208 billion in January 2024 By Ncaba Ntshakala The Central Bank of Eswatini’s latest economic developments report reveals a…
Mixed signals on Eswatini’s recent economic developments
Central Bank Governor Dr Phil Mnisi By Ncaba Ntshakala The Central Bank of the Kingdom of Eswatini has released its report on the latest economic developments with mixed signals. The…
Agriculture budget should be 10% of national budget – MP
A tractor ploughing the fields. By Bahle Gama Members of Parliament have questioned when the country will implement the Maputo declaration if the Ministry of Agriculture is still getting 5…
Chinese buyers cancel, postpone Australian wheat buys amid global surplus
Wheat By Naveen Thukral SINGAPORE, (Reuters) – Chinese wheat importers have cancelled or postponed about one million metric tons of Australian wheat cargoes, trade sources with direct knowledge of the…
South Africa’s Standard Bank posts 27% jump in annual profit
Standard Bank JOHANNESBURG, (Reuters) – Africa’s biggest lender by assets Standard Bank said on Thursday its annual profit jumped by 27% as high interest rates helped offset rising bad loans.…
Countries closing in on digital currencies but US lagging, study shows
An illustration showcasing the dollar By Marc Jones LONDON, (Reuters) – A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies,…
19.7% increase in funds allocated to the Council of Arts and Culture
A musician on stage By Siphesihle Dlamini The Council of Arts and Culture has seen an increment of 19.7 per cent, from 8 682 735 allocated last financial year to…