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Eswatini Financial Times

International

South African rand jumps as markets ponder US tariffs

A person counts South African Rands JOHANNESBURG – South Africa’s rand gained on Monday as investors awaited clarity on the next round of tariffs from U.S. President Donald Trump. At…

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Russian central bank sees chance of prolonged low oil price cycle

Fears that oil prices could collapse to 1980s levels MOSCOW – Russia’s central bank has warned the Kremlin’s policymakers the United States and OPEC have the capacity to flood the oil market and cause…

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Chinese EV giant BYD’s fourth-quarter profit leaps 73%

Chinese electric vehicle maker BYD BEIJING – Chinese electric vehicle maker BYD’s net profit leapt 73.1% in the fourth quarter of 2024 to a record 15 billion yuan ($2.1 billion), it…

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FINCORP has E1.5 billion circulating among clients

By Delisa Magagula The Eswatini Development Finance Corporation (FINCORP) has reinforced its financial position with over E1.5 billion actively circulating among its clients. In a strategic move, the institution has…

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Southern African agriculture urged to boost exports amid trade friction

By Bahle Gama Southern Africa’s agriculture sector is being urged to enhance export strategies as global trade tensions rise, driven by the U.S. reintroducing tariffs on key trading partners, signalling…

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ERS set to collect E16.5 billion in revenue

The Eswatini Revenue Services (ERS) is on track to set a new revenue collection record of E16.5 billion for the 2025/26 fiscal year. This projection marks a significant increase from…

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Govt’s E1.07bln reasons for the vulnerable to smile

By Thokozani Mazibuko The Minister of Finance, Neal Rijkenberg has finally announced the good news that the Elderly Persons have been waiting for. In a move aimed at alleviating the…

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Why members should celebrate ENPF conversion

The Eswatini National Provident Fund (ENPF) has announced plans to convert its provident fund into a pension fund. The conversion is set to benefit members by providing them with a…

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PSAs Support Conversion of ENPF But…

By Thokozani Mazibuko The conversion of the Eswatini National Provident Fund (ENPF) into a national pension scheme has received the endorsement of Public Sector Unions (PSAs), albeit with a crucial…

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‘Eswatini Arts Summit A Catalyst for Empowerment and Economic Growth’

Minister of Sports, Culture, and Youth Affairs, Bongani Nzima, recently lauded the Eswatini Arts Summit as a pivotal event for the nation’s artistic community. The summit, attended by a diverse…

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