- 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/Illustration By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar eased on Tuesday against a basket of…
Read More- 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 Bulawayo JOHANNESBURG (Reuters) – The South African rand was broadly flat in early trade on Monday, but market…
Read More- 28 May 2023
- EFT Reporter
Civil servants reluctant to join national pension fund, delays ENPF conversion
ENPF Conference attendees. By Phephile Motau Dissenting views have delayed the conversion of the Eswatini National Provident Fund (RENPF) to a pension fund. These were the assertions of the Minister…
Read More- 28 May 2023
- EFT Reporter
‘Birds’ cost Bishop Lukhele E15 million
Resigned Mbabane Swallows President Bishop Bheki Lukhele. By Lwazi Dlamini Resigned Mbabane Swallows President Bishop Bheki Lukhele spent slightly over E15 million during his three-and-half-year reign at the Capital City…
Read More- 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/Illustration JOHANNESBURG (Reuters) – The South African rand made a strong recovery on Friday from…
Read More- 24 May 2023
- EFT Reporter
Dollar gains on resilient U.S. economy, flight to safety
A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo. REUTERS/Yuriko Nakao By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) – The dollar hit a fresh two-month…
Read More- 24 May 2023
- EFT Reporter
South African rand slips with focus on rate decision
South African Rand coins are seen in this illustration picture taken October 28, 2020. REUTERS/Mike Hutchings/Illustration JOHANNESBURG (Reuters) – South Africa’s rand slipped against a stronger dollar on Wednesday, as…
Read More- 24 May 2023
- EFT Reporter
South Africans face more interest rate hike pain as inflation sticks
FILE PHOTO: A view shows the logo of South Africa’s central reserve bank, at the reserve bank offices in Pretoria, South Africa. REUTERS/Siphiwe Sibeko By Kopano Gumbi JOHANNESBURG (Reuters) -South…
Read More- 24 May 2023
- EFT Reporter
Eswatini’s bed-crisis
….lack of accommodation is a major hurdle for the tourism industry Bedding in a hotel. By Bahle Gama The country does not have enough beds to accommodate tourists that continue…
Read More- 24 May 2023
- EFT Reporter
South Africa’s April inflation slows more than forecast to 6.8% y/y
Boys help their father (not pictured) pack a vegetable and fruit stall as coronavirus disease (COVID-19) lockdown regulations ease at the Elias Motsoaledi Informal Settlement in Soweto, South Africa. REUTERS/Siphiwe…
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