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Articles

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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Chinese buyers cancel, postpone Australian wheat buys amid global surplus

WheatBy Naveen ThukralSINGAPORE, (Reuters) – Chinese wheat importers have cancelled or postponed about one million metric tons of Australian wheat cargoes, trade sources with direct knowledge of the deals said,…

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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.The…

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Countries closing in on digital currencies but US lagging, study shows

An illustration showcasing the dollarBy Marc JonesLONDON, (Reuters) – A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with over…

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19.7% increase in funds allocated to the Council of Arts and Culture

A musician on stage By Siphesihle DlaminiThe Council of Arts and Culture has seen an increment of 19.7 per cent, from 8 682 735 allocated last financial year to 10…

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Minister, Finance,

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

Finance Minister Neal RijkenbergBy 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 pro-growth…

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Weslians defender Banele Dlamini collapses, dies during Stokvel games

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

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