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Economy

Eswatini exporters must embrace E63.7 trillion AfCFTA market

By Ncaba NtshakalaThe Minister of Commerce, Industry, and Trade, Mancoba Khumalo, has recently issued a statement to all exporting companies in Eswatini, urging them to seize the transformative opportunities presented…

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Nigeria inflation climbs to 28-year high in March

A store employee standing next to bakery products. By Elisha Bala-GbogboABUJA – Nigeria’s inflation kept climbing in March, reaching a 28-year high of 33.20% in annual terms, driven by soaring…

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World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

By Andrea ShalalWASHINGTON – Half of the world’s 75 poorest countries are experiencing a widening income gap with the wealthiest economies for the first time this century in a historical…

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Global Fund disburses E332m to Eswatini

By Delisa Thwala The Global Fund currently has 14 core grants active in Eswatini, with funding totalling up to E332 620 180 which was signed for 2021-2024. The investments aim to support…

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Detained Binance executive in court on Nigerian tax, money laundry charges

Tigran Gambaryan, an executive of Binance, the world’s largest cryptocurrency exchange, sits as he waits to face prosecution for tax evasion and money laundering at the federal high court in…

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Microsoft to separate Teams and Office globally amid antitrust scrutiny

Microsoft OfficeBy Foo Yun CheeBRUSSELS – Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech giant said on Monday, six months…

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China’s March factory activity expands for first time in six months

factory workersSHENZHEN, China – China’s manufacturing activity expanded for the first time in six months in March, an official factory survey showed on Sunday, offering relief to policymakers even as…

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SWIFT planning launch of new central bank digital currency platform in 12-24 months

The Swift logo is seen in this illustration taken, in Bosnia and Herzegovina. REUTERS/Dado Ruvic/IllustrationBy Marc Jones LONDON – Global bank messaging network SWIFT is planning a new platform in…

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Multi-billion mega integrated innovative and wellness project launched in Hlane

…….It promises an economic boostHis Majesty King Mswati III during the SOD turning ceremony in Hlane. Ncaba Ntshakalancaban.@rubiconmedia.groupBlooming opportunities in Hlane! His Majesty King Mswati III officiated the groundbreaking ceremony…

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Oil rises as heightened geopolitical risks exacerbate supply concerns

Brent crude futures had climbed 24 cents, or 0.3%, to $85.67 a barrel. Picture: ReutersBy Yuka ObayashiTOKYO – Oil prices rose in early Asian trading on Monday on concerns over…

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