- 24 March 2025
- EFT Reporter
EmaSwati defrauded E399 million online, Interpol reaches out
Panel discussion By Delisa Magagula The Eswatini Communications Commission (ESCCOM) has issued a stark warning about the increasing wave of online scams that have defrauded unsuspecting citizens of approximately E399…
Read More- 24 March 2025
- EFT Reporter
South African rand jumps as markets ponder USÂ tariffs
A person counts South African Rands JOHANNESBURG – South Africa’s rand gained on Monday as investors awaited clarity on the next round of tariffs from U.S. President Donald Trump. At…
Read More- 24 March 2025
- EFT Reporter
Russian central bank sees chance of prolonged low oil price cycle
Fears that oil prices could collapse to 1980s levels MOSCOW – Russia’s central bank has warned the Kremlin’s policymakers the United States and OPEC have the capacity to flood the oil market and cause…
Read More- 24 March 2025
- EFT Reporter
Chinese EV giant BYD’s fourth-quarter profit leaps 73%
Chinese electric vehicle maker BYD BEIJING – Chinese electric vehicle maker BYD’s net profit leapt 73.1% in the fourth quarter of 2024 to a record 15 billion yuan ($2.1 billion), it…
Read More- 2 February 2025
- EFT Reporter
INCREASE IN ELDERLY GRANTS AMID INFLATION CONCERNS
By Bahle Gama In response to the growing economic challenges facing the nation, particularly the rising costs of essential services like electricity and water, His Majesty King Mswati III has…
Read More- 29 January 2025
- EFT Reporter
African Leaders Urged to Forge Partnerships Amid U.S Withdrawal
By Thokozani Mazibuko Professor Perry N. Halkitis, a renowned public health psychologist, has stressed the urgent need for African leaders and organizations to unite and establish new coalitions in the…
Read More- 9 December 2024
- EFT Reporter
John Dramani Mahama returning as Ghana president on pledge to mend economy
National Democratic Congress (NDC) presidential candidate and former Ghanaian President John Dramani Mahama salute supporters during his final election campaign rally in Accra, Ghana December 5, 2024. REUTERS/Zohra Bensemra By Maxwell…
Read More- 9 December 2024
- EFT Reporter
SA investor wants answers on Ecsponent E2.3 billion lost funds
…writes to the Chief Justice of the Supreme Court of Appeal in Bloemfontein A building showing the Ecsponent logo By Bahle Gama Ecsponent not only gives sleepless nights to Eswatini…
Read More- 9 December 2024
- EFT Reporter
Equinor completes Nigeria, Azerbaijan asset sales of up to $2Â billion
The logo of Equinor is set up at the entrance of a building at Western Europe’s largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi…
Read More- 9 December 2024
- EFT Reporter
Nissan boss Uchida races to save the automaker – and his job
Nissan CEO Makoto Uchida By Norihiko Shirouzu, David Dolan and Maki ShirakiTOKYO – In early October, Nissan Motor managers dialled in for a regular online meeting with boss Makoto Uchida only to hear a grim…
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