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Economy

South African rand edges higher ahead of rate decision

FILE PHOTO: South African Rand coins are seen in this photo illustration taken September 9, 2015. REUTERS/Mike HutchingsJOHANNESBURG – The South African rand edged higher at the start of a…

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Ministry of Foreign Affairs secures E2.8 million grant for relief and rehabilitation

Minister of Foreign Affairs and International Cooperation, Pholile Shakantu. Picture: Tribe StudiosBy Ncaba Ntshakalancaban@rubiconmedia.groupThe Ministry of Foreign Affairs and International Cooperation has successfully secured a generous grant of USD$150 000…

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World Bank to share more data to attract private investors to developing countries

World Bank Group President Ajay BangaBy Andrea ShalalThe World Bank will publish more of its proprietary data, including on debt defaults, starting next week as part of a push to…

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China told it faces ‘fork in the road’ as officials meet CEOs

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks at the China Development Forum (CDF) 2024, in Beijing, China March 24, 2024. REUTERS/Jing XuBy Colleen Howe and Jing XuBEIJING –…

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King hails Inyatsi, Shakantu’s investments in Eswatini

…says it’s a sign of strong confidence in the countryHis Majesty King Mswati III receives an update from Inyatsi Group Holdings Chairman Michelo Shakantu on the kind of coal being…

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SVNET Scholarship Recovery Programme raised over E48m for government in 2023

African Union Headquarters in Ethiopia, Addis Ababa.By Lwazi DlaminiThe resounding success of the Scholarship Management and Loan Recovery has been amplified by the net revenue collection of E48 301 731…

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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 PhotoSINGAPORE – Oil prices dipped on Tuesday due in part to the prospect of rising supply…

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Zimbabwe goes hungry as crops wither amid El Nino drought

Crops are withering in Zimbabwe due to the El-Nino-induced drought.By Nyasha ChingonoBUHERA, Zimbabwe – Residents of the Zimbabwean village of Buhera stood in groups at a primary school waiting to…

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Mixed signals on Eswatini’s recent economic developments

Central Bank Governor Dr Phil MnisiBy Ncaba NtshakalaThe Central Bank of the Kingdom of Eswatini has released its report on the latest economic developments with mixed signals. The Recent Economic Developments…

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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 per…

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