Times Of Swaziland: ESWATINIBANK’S SHARESHA WINS BEST INNOVATIVE AWARD

ESWATINIBANK’S SHARESHA WINS BEST INNOVATIVE AWARD
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Nhlanganiso Mkhonta on 15/08/2024 08:18:00


MBABANE – During the recent Fintech Summit hosted by Digimage,
EswatiniBank’s ShareSha bagged the Financial Inclusive and Innovative product
award under the Banking Category.
EswatiniBank Managing Director (MD) Nozizwe Mulela said to them it was
indicative that the bank has fully embraced the digital era. Mulela highlighted
that as of this month, ShareSha has reached the E40 million mark in terms of
transactions that have gone through it. “We would like to appreciate our
esteemed customers that fully embraced this product, and we encourage them to
continue using it as it makes banking easier and more convenient,” she said.
The MD added that they will soon be rolling out agency stations countrywide that
will enable customers to bank using ShareSha. Through this, customers will be
able to withdraw, deposit and pay bills through the agencies.
Furthermore, the bank also bagged the Eswatini Public Procurement Regulatory
Agency (ESPPRA) Category A Best Compliant Award. When reached for comment on
this, the bank’s MD said by their nature, given the industry that they
operate, compliance is a key factor to effective business operations and to
demonstrate that they adhere to government laws. “We are, therefore, happy to
be found to be aligned to the rules and regulations that impact our operations
as an institution; this should also give our customers confidence that indeed
their bank is ethically responsible,” she said.
The bank received the ESPPRA award during the Eswatini Procurement Symposium
2024, held at the Hilton Garden Inn on Tuesday. The symposium was held under the
theme, ‘The future of Procurement: A Cross-dimensional Perspective.’