SITEKI – Eswatini Bank marked 60 years of service with the launch of a E150 million investment aimed at boosting businesses and communities across the country. The announcement was made during a board celebration held at Espinho Restaurant in Siteki.
Managing Director Noziziwe Mulela said the funding goes beyond money, representing hope, job creation, and sustainable development for Eswatini. The projects cover sectors like retail, manufacturing, and agriculture, reflecting the bank’s goal to support inclusive economic growth.
The bank also highlighted its ShareSha digital wallet, introduced in August 2023, which has already processed nearly E200 million in transactions, offering accessible banking to many Swazis.
During a tour of financed businesses, the board and management visited Dalcrue Chickens in Malkerns, a poultry business benefiting from the bank’s support, and Khabo Investments at a local Engen Filling Station, showcasing how financial backing helps local entrepreneurs thrive.
In Msumpe, Board Chairman Dumisani Mahlindza visited a filling station owned by Celumusa Dlamini, funded by the bank. Mahlindza stressed the bank’s commitment to understanding clients and supporting local entrepreneurs, especially youth, by providing accessible financing for viable business plans.
He encouraged aspiring business owners not to fear borrowing but to approach the bank with their ideas, reminding the public that the bank balances support with responsible lending. Mahlindza also praised government-backed initiatives managed by Eswatini Bank that help create jobs and stimulate local economies.
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