- 15 April 2024
- EFT Reporter
World Bank sounds alarm on ‘historical reversal’ of development for poorest nations
By Andrea ShalalWASHINGTON – Half of the world’s 75 poorest countries are experiencing a widening income gap with the wealthiest economies for the first time this century in a historical…
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- 15 April 2024
- EFT Reporter
Global Fund disburses E332m to Eswatini
By Delisa Thwala The Global Fund currently has 14 core grants active in Eswatini, with funding totalling up to E332 620 180 which was signed for 2021-2024. The investments aim to support…
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- 4 April 2024
- EFT Reporter
Detained Binance executive in court on Nigerian tax, money laundry charges
Tigran Gambaryan, an executive of Binance, the world’s largest cryptocurrency exchange, sits as he waits to face prosecution for tax evasion and money laundering at the federal high court in…
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- 1 April 2024
- EFT Reporter
Microsoft to separate Teams and Office globally amid antitrust scrutiny
Microsoft OfficeBy Foo Yun CheeBRUSSELS – Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech giant said on Monday, six months…
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- 1 April 2024
- EFT Reporter
China’s March factory activity expands for first time in six months
factory workersSHENZHEN, China – China’s manufacturing activity expanded for the first time in six months in March, an official factory survey showed on Sunday, offering relief to policymakers even as…
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- 26 March 2024
- EFT Reporter
SWIFT planning launch of new central bank digital currency platform in 12-24 months
The Swift logo is seen in this illustration taken, in Bosnia and Herzegovina. REUTERS/Dado Ruvic/IllustrationBy Marc Jones LONDON – Global bank messaging network SWIFT is planning a new platform in…
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- 25 March 2024
- EFT Reporter
Multi-billion mega integrated innovative and wellness project launched in Hlane
…….It promises an economic boostHis Majesty King Mswati III during the SOD turning ceremony in Hlane. Ncaba Ntshakalancaban.@rubiconmedia.groupBlooming opportunities in Hlane! His Majesty King Mswati III officiated the groundbreaking ceremony…
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- 25 March 2024
- EFT Reporter
Oil rises as heightened geopolitical risks exacerbate supply concerns
Brent crude futures had climbed 24 cents, or 0.3%, to $85.67 a barrel. Picture: ReutersBy Yuka ObayashiTOKYO – Oil prices rose in early Asian trading on Monday on concerns over…
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- 25 March 2024
- EFT Reporter
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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- 25 March 2024
- EFT Reporter
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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