BY PHUMELELE GAMEDZE
MANZINI— Eswatini Bank has injected more than E570 million into small and medium enterprises over the past decade, significantly strengthening businesses across multiple sectors of the economy.
The milestone was announced by Managing Director Dr Nozizwe Mulela during the Bank’s first-ever Micro, Small and Medium Enterprises (MSME) Business Forum held at The George Hotel in Manzini.
Dr Mulela revealed that the substantial financial support reflects the bank’s long-term commitment to empowering local entrepreneurs and stimulating economic activity. The investment has supported enterprises in expanding operations, creating jobs and contributing meaningfully to national development.
The Business Forum, which brought together entrepreneurs and stakeholders, is designed to tackle the specific challenges faced by MSMEs while unlocking new opportunities for growth. Through strategic funding, tailored financial solutions and ongoing engagement, Eswatini Bank continues to position small businesses as key drivers of innovation, employment and inclusive economic growth.
The E570 million investment underscores the bank’s confidence in local enterprise and its belief that sustained financial backing is essential to building a resilient and thriving economy.
(Courtesy Pic)
