- 31 May 2023
- EFT Reporter
Dollar hits more than two-month high as European inflation cools
A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo. REUTERS/Yuriko NakaoBy Harry Robertson and Kevin BucklandLONDON/TOKYO (Reuters) – The U.S. dollar rose strongly on Wednesday to a…
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- 31 May 2023
- EFT Reporter
Shares drop ahead of US debt ceiling vote; China data rattles nerves
Men walk past an electric board displaying Nikkei and other countries’ indexes outside a brokerage in Tokyo, Japan. REUTERS/Kim Kyung-HoonBy Amanda CooperLONDON (Reuters) – Global shares fell on Wednesday ahead…
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- 30 May 2023
- EFT Reporter
Uganda says 2023/24 GDP growth to reach 6%
Ugandan business people are seen at a market with their merchandises for sale at Mpondwe border that separates Uganda and the Democratic Republic of Congo, in Mpondwe, Uganda. REUTERS/James Akena/File…
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- 30 May 2023
- EFT Reporter
South Africa’s Tiger Brands says power cuts set to squeeze income
A Tiger Brands beverage production facility is seen in Germiston, South Africa November. REUTERS/James OatwayJOHANNESBURG (Reuters) – South Africa’s biggest food producer Tiger Brands said on Tuesday its annual income…
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- 30 May 2023
- EFT Reporter
Inyatsi’s success and dominance glows in 11 African countries
Inyatsi Group of companies Chairman Michelo Shakantu. By Ntombi MhlongoThe African Giant, Inyatsi Construction, under the Multinational Inyatsi Group Holdings, is indeed living up to its vision of being Africa’s…
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- 30 May 2023
- EFT Reporter
Dollar drifts as traders weigh rocky path for US debt ceiling deal
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/IllustrationBy Ankur BanerjeeSINGAPORE (Reuters) – The U.S. dollar eased on Tuesday against a basket of major currencies…
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- 29 May 2023
- EFT Reporter
South African rand flat but market nervous after last week’s record low
A street money changer counts South African Rands in Harare, Zimbabwe. REUTERS/Philimon BulawayoJOHANNESBURG (Reuters) – The South African rand was broadly flat in early trade on Monday, but market players…
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- 28 May 2023
- EFT Reporter
Civil servants reluctant to join national pension fund, delays ENPF conversion
ENPF Conference attendees. By Phephile MotauDissenting views have delayed the conversion of the Eswatini National Provident Fund (RENPF) to a pension fund.These were the assertions of the Minister of Labour…
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- 28 May 2023
- EFT Reporter
‘Birds’ cost Bishop Lukhele E15 million
Resigned Mbabane Swallows President Bishop Bheki Lukhele. By Lwazi DlaminiResigned Mbabane Swallows President Bishop Bheki Lukhele spent slightly over E15 million during his three-and-half-year reign at the Capital City giants.Lukhele,…
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- 26 May 2023
- EFT Reporter
South African rand recovers from ‘panicked’ record low
South African Rand coins are seen in this illustration picture taken October 28, 2020. REUTERS/Mike Hutchings/IllustrationJOHANNESBURG (Reuters) – The South African rand made a strong recovery on Friday from a…
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