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SADC

NMC Silos

Millers’ shenanigans to collapse NMC exposed

NMC SilosBy Phephile MotauThe country’s prominent millers are accused of using cartel-like clandestine tricks to collapse the NMC so they could capture the lucrative white maize market for foreign interests…

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CBE, Central Bank, Eswatini,

Central Bank introduces new cross-border reporting system

Central Bank Governor Dr Phil MnisiBy Phephile MotauThe Central Bank of Eswatini (CBE) has deployed a new Cross Border Foreign Exchange Transactions Reporting System (CBFETRS) that seeks to enhance data…

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Mozambique-grey-list-picture

Mozambique submits report to exit grey list

The Financial Action Task Force which monitors the flow of money.By Ntombi MhlongoMozambique is making significant efforts to exit the grey list. The country has reportedly submitted its first assessment report…

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Sugar Cane, Field

Eswatini’s tariff-free imports threaten 9 000 SA jobs

Sugar Cane in the field. By Khulile ThwalaSouth Africa’s sugar industry risks retrenching 9 151 jobs through 2031 and losing as much as 16 per cent of its cane-growing area…

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Funding, African, Business,

E7.3 billion to be unlocked to support African companies

African businesses have been thrown a financial lifeline. By Khulile ThwalaInvestment by businesses across Africa most impacted by trade and supply chain challenges will be supported by a new targeted…

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Tourism, Blue Economy

SADC members urged to harness wildlife & blue economy

SADC countries have been encouraged to make the most of tourism and the blue economy.By Khulile ThwalaThe President of the Republic of Seychelles, Wavel Ramkalawan, has called for concerted efforts…

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Ramaphosa, Phala Phala,

SARS revelation proof that Ramaphosa never declared-EFF

South African President Cyril Ramaphosa. By Ntombi MhlongoSouth African President is set to have a turbulent week following revelations that there is no paper trail of the dollars found at…

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Wines, Competition,

16 black-owned SA wine brands to shine in New York

South African wines will be competing in a competition in New York. By Bongiwe Zwane-MasekoAbout 16 black-owned South African wine brands will showcase their finest blends at the Vinexpo America…

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SADC Logo

SADC says E10.9 trillion transactions settled on RTGS programme

SADCBy Khulile ThwalaThe Southern Africa Development Community (SADC) has revealed that the total number of transactions settled on the SADC-Real Time Gross Settlement System (SADC-RTGS) renewal programme SADC-RTGS by the…

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Minister, Finance,

Revenue to reach E25 billion

Finance Minister Neal RijkenbergBy Phephile MotauThe government revenue including grants in the 2023/24 fiscal year is projected to reach E24.64 billion, according to the Minister of Finance Neal Rijkenberg.This is…

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