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AI set to revolutionise Eswatini’s financial sector

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AI set to revolutionise Eswatini’s financial sector
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Just three days remain until Jaylee Eswatini, a division of the South Africa-based Jaylee Group, launches a transformative two-day workshop poised to redefine Eswatini’s financial landscape. The event, titled ‘Harnessing the Power of AI to Transform Financial Operations and Decision-Making’, is scheduled for June 19 and 20, 2025, at Sibane Sami Hotel.

As artificial intelligence (AI) continues its global redefinition of industries, this new wave of innovation is specifically targeting Eswatini’s financial sector. Speaking to the Times of Eswatini, Ntombifuthi Simelane of Jaylee Eswatini highlighted the hands-on nature of the upcoming workshop. “This workshop  offers a hands-on experience designed for finance professionals, analysts, operational managers, supervisors and business leaders,” Simelane stated. “It’s about empowering Eswatini’s financial community to use AI in practical, results-driven ways, from risk management and forecasting to fraud detection and automation.”

Jaylee Eswatini, a newly established consultancy, aims to meet the unique demands of the Eswatini market. Leveraging the extensive expertise of Jaylee Group South Africa, which has a proven track record of delivering training across diverse sectors including academia, healthcare, and engineering, the company is now singularly focused on bolstering digital capacity within the financial sphere.

“Bringing this workshop to Eswatini is part of our mission to make AI more accessible and impactful,” Simelane added. She emphasised AI’s escalating importance in navigating the intricate financial challenges prevalent in Southern Africa. “Many economies in our region face structural challenges, economic volatility, regulatory complexities and limited financial inclusion. Inconsistent accounting standards and weak financial systems add to this burden. AI offers a way forward,” Simelane explained.

According to Simelane, AI is already demonstrating its efficacy across Southern Africa by automating routine financial tasks such as procurement, billing, accounts management and reconciliation. Its applications extend to financial planning and analysis enabling organisations to achieve more accurate forecasts and effective budgeting. Moreover, AI is increasingly instrumental in combating fraud and bolstering regulatory compliance.

“In regions where public financial mismanagement, compliance risks, and corruption tendencies are serious concerns, AI’s ability to detect anomalies is game-changing,” she asserted. “It promotes greater transparency, reduces operational costs, and enables better decision-making.”

The workshop promises a comprehensive and accessible learning experience, ensuring that even those without a technical or coding background can benefit. Attendees will:

  • Gain a strong foundation in AI technologies relevant to finance.
  • Learn how to automate financial processes.
  • Explore AI’s applications in fraud detection, compliance, and forecasting.
  • Understand how tools like machine learning and natural language processing apply to financial scenarios.

“We’re making sure no one gets left behind,” Simelane assured, emphasising that concepts will be explained in an easy-to-follow manner, grounded in real-world financial scenarios. Participants will also engage in interactive sessions, analyse case studies, and have the opportunity to construct simple AI tools using authentic financial data.

“Everyone will walk away with knowledge they can start using right away and a support network of peers and experts,” Simelane concluded.

Registration is currently open at www.jayleegroup.com/ai-workshop. With limited spots available, finance professionals across the kingdom are strongly encouraged to secure their place promptly for what is anticipated to be a career-defining event.

AI set to revolutionise Eswatiniu2019s financial sector
AI set to revolutionise Eswatiniu2019s financial sector
AI set to revolutionise Eswatiniu2019s financial sector
AI set to revolutionise Eswatiniu2019s financial sector

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