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

FNB probe uncovers E20m fraud syndicate

BY MBONGISENI NDZIMANDZE AND KWANELE DLAMINI MBABANE – Investigations into the alleged fraud committed at FNB Eswatini have uncovered a syndicate involving businessmen,...

Home Affairs official fired in insurance scam as…

... man declared dead while alive MBABANE – A living man was declared dead after a Home Affairs official issued a death certificate...

Butsegetsege set to light up Eswatini for Kagogo Weekend

MBABANE — Excitement has reached a fever pitch across the kingdom as viral cultural sensation Mavusane Cyzweh, widely known as Butsegetsege, officially confirms...

Royal Swazi Reopening in sight

MBABANE- What has seemed like an eternity, the Royal Swazi Hotel could finally be opening its doors before the end of the year....

CBE deploys senior executive for EswatiniBank turnaround

MBABANE – Central Bank of Eswatini (CBE) Chief Operations Officer Mfan’fikile Dlamini has been seconded to EswatiniBank for up to 12 months to...

Related Articles

Economy strengthens in first half of 2026

MBABANE - Eswatini’s economy strengthened during the first half of 2026, with...

Standard Bank brings back Instant Money

MBABANE - Standard Bank Eswatini is bringing back its Instant Money service,...

Eswatini economy expands 6.5% in Q2

MBABANE – Eswatini’s real gross domestic product (GDP) grew by 6.5 per...

EWADE pauses new farmer intake into Hamba Ubuye

MBABANE - In this current farming season (2026/27), the Eswatini Water and...