Home Business Nedbank E250k boost for trade fair Green Zone
Business

Nedbank E250k boost for trade fair Green Zone

Share
EIPA CEO Sibani Mngomezulu. (Pics: File and courtesy)
Share

MBABANE – Nedbank Eswatini committed E250 000 towards the establishment of the first-ever Green Zone at the upcoming Eswatini International Trade Fair (EITF).

The initiative, launched at a press conference held at Nedbank’s Head Office on Friday, is being rolled out in partnership with the Eswatini Investment Promotion Authority (EIPA).

It is designed to place sustainability at the centre of Eswatini’s premier trade and investment showcase, giving both established businesses and emerging entrepreneurs in the green sector a dedicated platform to display their solutions.

The Green Zone will extend beyond the traditional focus of the trade fair, offering an innovative space for organisations to exhibit renewable energy solutions, climate-smart technologies and eco-conscious entrepreneurship.

Special attention will be given to small and medium enterprises (SMEs) and youth-led initiatives, recognising their role as key drivers of innovation and employment creation in Eswatini’s economy. Speaking at the signing of the memorandum of understanding (MoU), Nedbank Eswatini Managing Director Fikile Nkosi stressed that the sponsorship represented far more than a financial contribution. “This initiative is more than a sponsorship – it is a statement of intent,” she said. “It reflects our deep commitment to environmental stewardship, innovation, sustainability and inclusive economic growth.”

Nkosi said Nedbank’s role as a leading financial institution went beyond traditional banking, highlighting the bank’s broader purpose: “We use our financial expertise to do good for individuals, families, businesses, communities and society at large.”

She described the Green Zone as a ‘powerful embodiment’ of this purpose, creating opportunities for Eswatini to showcase technologies and business models that can both fuel economic growth and protect the environment.

A key highlight of Nkosi’s remarks was the initiative’s alignment with the United Nations Sustainable Development Goals (SDGs). The project directly contributes to:

SDG 7: Affordable and clean energy – by promoting renewable energy solutions that reduce reliance on fossil fuels.

SDG 13: Climate action – by creating awareness and practical pathways for businesses and communities to tackle climate change.

SDG 9: industry, innovation and infrastructure – by supporting sustainable industrialisation and encouraging innovation within Eswatini’s economy.

Full article available in our paper.

Nedbank Managing Director Fikile Nkosi.
Nedbank Managing Director Fikile Nkosi.

Share
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.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Mountain homes face demolition

MBABANE – EmaSwati who were allocated land on hills and mountainous areas could soon see their homes demolished as the Land Management Board...

Bhunu Mall incident: Project manager not qualified engineer

MANZINI – The ongoing construction of the Bhunu Mall has brought to the fore critical questions surrounding statutory compliance. At the centre of...

Public transport fares could increase by 25%

LOBAMBA – Public transport fares could increase by up to 25 per cent under a proposed adjustment by the Ministry of Public Works...

‘MaMkhize’ brings back black, white kit

(At Prince of Wales Sports Ground) MBABANE – It was indeed a homecoming party. This came after Mbabane Highlanders President Shauwn ‘MaMkhize’ Mkhize...

Home Affairs Corruption: Cleaners fired for selling marriage certificates

MBABANE – Two Ministry of Home Affairs cleaners have been dismissed from the public service after admitting to soliciting money from the public....

Related Articles

ERS loses against Tribunal over USA Distillers’ E77m tax case

MBABANE – The Eswatini Revenue Service (ERS) has suffered a significant legal...

EEC’s Maguga Station expansion unlocks engineering, financing opportunities

MBABANE - EEC has opened a significant investment and engineering opportunity through...

Singapore investment firm to take over AfriSam

MBABANE - The Eswatini Competition Commission (ESCC) has conditionally approved the acquisition...

SBS Bank heads into 1st AGM post-conversion

MBABANE – SBS Bank Eswatini will hold its first AGM next month,...