- 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 Hutchings JOHANNESBURG – The South African rand edged higher at the start of…
Read More- 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 Studios By Ncaba Ntshakalancaban@rubiconmedia.group The Ministry of Foreign Affairs and International Cooperation has successfully secured a generous grant of…
Read More- 24 March 2024
- EFT Reporter
World Bank to share more data to attract private investors to developing countries
World Bank Group President Ajay Banga By Andrea Shalal The World Bank will publish more of its proprietary data, including on debt defaults, starting next week as part of a…
Read More- 24 March 2024
- EFT Reporter
China told it faces ‘fork in the road’ as officials meet CEOs
International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks at the China Development Forum (CDF) 2024, in Beijing, China March 24, 2024. REUTERS/Jing Xu By Colleen Howe and Jing Xu…
Read More- 24 March 2024
- EFT Reporter
King hails Inyatsi, Shakantu’s investments in Eswatini
…says it’s a sign of strong confidence in the country His Majesty King Mswati III receives an update from Inyatsi Group Holdings Chairman Michelo Shakantu on the kind of coal…
Read More- 23 March 2024
- EFT Reporter
SVNET Scholarship Recovery Programme raised over E48m for government in 2023
African Union Headquarters in Ethiopia, Addis Ababa. By Lwazi Dlamini The resounding success of the Scholarship Management and Loan Recovery has been amplified by the net revenue collection of E48…
Read More- 19 March 2024
- EFT Reporter
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 Photo SINGAPORE – Oil prices dipped on Tuesday due in part to the prospect of rising…
Read More- 18 March 2024
- EFT Reporter
Mixed signals on Eswatini’s recent economic developments
Central Bank Governor Dr Phil Mnisi By Ncaba Ntshakala The Central Bank of the Kingdom of Eswatini has released its report on the latest economic developments with mixed signals. The…
Read More- 14 March 2024
- EFT Reporter
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…
Read More- 14 March 2024
- EFT Reporter
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.…
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