Eswatini Financial Times

Articles

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…

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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…

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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…

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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…

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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.…

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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,…

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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…

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Minister Neal Rijkenberg’s E29.4bn pro-growth, inclusive budget

Finance Minister Neal Rijkenberg By Sifiso Sibandze Finance Minister Neal Rijkenberg on Monday delivered a E29.4 billion pro-growth which is also viewed as being inclusive. Eswatini’s 2024/2025 budget presents a…

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Weslians defender Banele Dlamini collapses, dies during Stokvel games

The late Manzini Wanderers defender Banele Dlamini. By Sibusiso Masilela Manzini Wanderers and the football fraternity have had a sad crossover into 2024.This follows the tragic demise of the ‘…

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Throngs of emaSwati join Their Majesties for Incwala

His Majesty King Mswati III arrivies at Ludzidzini Royal Residence for the main day of Incwala Ceremony. By Bahle GamaFrom all four regions of the country and outside the borders,…

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