CBE first in Africa to earn CIPS certification

ByNhlanganiso Mkhonta17 August 20251 Mins read83

Governor of the Central Bank of Eswatini (CBE) Dr Phil Mnisi. (Pic: Eswatini Revenue Authority)

MBABANE – The Central Bank of Eswatini (CBE) has made history by becoming the first central bank in Africa — alongside the Central Bank of Lesotho — to receive certification from the Chartered Institute of Procurement and Supply (CIPS).

The milestone, announced during the CIPS Africa Conference held on August 6–7, in South Africa, signals that the CBE’s procurement processes now meet globally recognised standards. The certificate was received on behalf of the bank by Deputy Director Finance: Supply Chain, Warren Dlamini.

The recognition positions the CBE as a regional leader in ethical procurement and sustainable supply chain practices, enhancing operational efficiency, strengthening governance and fostering supplier confidence.

CIPS is the world’s largest professional body for procurement and supply, with a network of over 200 000 professionals globally.

Full article available in our paper.

Business

Written by

Nhlanganiso Mkhonta

Nhlanganiso Mkhonta serves as Business Editor at the Times of Eswatini. He reports on business, economics, finance, investment, entrepreneurship and public policy, producing insightful coverage and analysis of the issues driving Eswatini’s economy and the wider African business environment.

Previous post It's Haal over!

Next post Inflation dips for sixth month to 2.8%

Don't Miss

News

Customary marriages declared in community of property

MBABANE – The High Court has declared the long-standing practice of treating marriages under Eswatini Law and Custom as being out of community...

ByKwanele Dlamini29 July 2026

His Majesty (2nd L) with Minister for Public Works and Transport Chief Ndlaluhlaza Ndwandwe (2nd R)and Inyatsi Chairman Michelo Shakantu (R) during the tour of the completed road.

Property

Inyatsi Construction building foundations of First World future

For more than four decades, Eswatini has witnessed one of the most significant periods of infrastructure development in its history. Under the leadership...

ByMthobisi Buthelezi1 August 2026

The Trump Administration has maintained it has no higher priority than the safety and security of Americans, noting that the State Department will continue to provide Americans with appropriate consular services and assistance at diplomatic posts around the world. (Pic: Google)

News

No more USA Visa processing in Eswatini

MBABANE – In a move that will significantly alter travel logistics for Eswatini nationals, the United States Embassy in Mbabane will cease accepting...

ByMfanukhona Nkambule1 August 2026