Times Of Swaziland: BE MEETS INSURANCE SECTOR PLAYERS

BE MEETS INSURANCE SECTOR PLAYERS
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Nhlanganiso Mkhonta on 06/02/2024 09:37:00


EZULWINI - In a bid to fortify the entire economy under the theme of catalysing
business development, Business Eswatini (BE) hosted another successful insurance
sector meeting.
The meeting was held as a means for BE to keep up with its role in safe-guarding
the interests of local businesses across all industries. The recent insurance
industry meeting convened by BE is one of many such meetings and conferences
which are convened under the umbrella body representing the business sector in
Eswatini. Held against the backdrop of tightening economic conditions sweeping
across the entire economy and region, the business leaders within the insurance
sector met to put their minds together on how the sector can inspire some
vibrancy into the economy and to sharpen each other’s axes as they seek to
improve the efficiencies within the sector as a whole.
The chairperson of the sector, Zama Ngcobo expressed his satisfaction in the
content and quality of the discussions and could not hide his optimism about the
outcomes. He also encouraged the companies who did not make it to ensure that
they take part in the gatherings so that they do not miss out on crucial
decisions which are taken by the collective under BE.
The CEO of BE, Nathi Dlamini said “As businesses grapple with various
challenges, BE as the apex Federation of Employers, remains steadfast in its
mission to support the entire business sector with the tools, insights and
resources needed to navigate through the treacherous, tough business landscape.
We are constantly on the lookout for opportunities on behalf of our members,
hence we felt that an engagement of such a nature among the insurers would at
least assure all the other industries of the cover they need, especially in a
dynamic and volatile environment such as the business landscape”.
He further announced that BE intends to expand consultations with other sectors
of the economy in order to make an informed intervention on behalf of all
businesses in the country regardless of size. “It is our culture to consult
with members so that we walk in lockstep with them and we will continue down
this road with our hands on their pulses as usual. By fostering a collaborative
environment and facilitating dialogue between captains of industry, BE has
positioned itself as the vanguard of business development and resilience” he
said.
The CEO also announced that on February 29, they will be hosting the Annual
Labour Conference, a seminar where employers and social partners are updated on
the latest developments within the industrial relations space, while also being
given the chance to have a voice on the direction of policy in the space. He
said spaces are limited and encouraged those who have not yet booked to do so
immediately to avoid disappointment.