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Eswatini Financial Times

Africa

Afriximbank commits to finance E30 bln investments into Eswatini

By Kwanele Dhladhla Afriximbank has committed to financing projects set to transform the Kingdom of Eswatini to economic greatness, including the E30 billion pledges made at the inaugural investment conference,…

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UN injects millions to support Eswatini’s SDGs

By Delisa Magagula The United Nations has reported that it has invested over E2 million in support of Eswatini’s efforts to achieve the 17 Sustainable Development Goals (SDGs). The investment…

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Daily business transactions monitored, AI to uncover potential tax fraud

By Kwanele Dhladhla The Eswatini Revenue Service (ERS) is tightening its grip on tax defaulters, with the latest move being the monitoring of transactions in real time to detect anomalies…

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Government commissions E135 mln Pigg’s Peak Factory

By Ncaba Ntshakala The Minister of Commerce, Industry and Trade, Manqoba Khumalo, has officially commissioned the construction of a factory shell in Pigg’s Peak valued at an impressive E135 million.…

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EWADE remits E517mln to government in taxes

EWADE CEO Samson Sithole By Lwazi Dlamini The Eswatini Water and Agricultural Development Enterprise has not only expanded its footprint across the country but has contributed a staggering E517 million…

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Invest in money trading with caution, to avoid being conned – King

By Kwanele Dhladhla His Majesty King Mswati III has issued a stern warning to Emaswati to tread with caution as they venture into money trading to avoid losing their hard-earned…

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Morocco to invest $760 mln in disaster response stockpiling

Morocco plans to spend 7 billion dirhams ($760 million) on storage platforms across the country to stockpile necessities in immediate response to potential disasters, state media said. The stockpiles were…

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Bill Gates to give away $200 billion by 2045, accuses Musk of harming world’s poor

Bill Gates pledged on Thursday to give away almost his entire personal wealth in the next two decades and said the world’s poorest would receive some $200 billion via his…

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China loosens gold import quotas with eye on arresting yuan rally

China’s central bank has approved foreign exchange purchases by some commercial banks to pay for gold imports under recently increased quotas, two people with direct knowledge of the matter said…

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Dollar rises versus yen, Swiss franc, Fed and trade talks in focus

The U.S. dollar rose against the safe-haven yen and Swiss franc while steadying versus the euro as investors looked towards the impending outcome of the Federal Reserve policy meeting later…

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