Home Business CBE first in Africa to earn CIPS certification
Business

CBE first in Africa to earn CIPS certification

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

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.

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Your email address will not be published.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

Maidens thrilled as His Majesty the King appreciates them

MBANGWENI – Imbali was overjoyed when His Majesty King Mswati III appreciated her during the ongoing annual Umhlanga Ceremony at Mbangweni Royal Residence....

Chief Justice Bheki Maphalala passes on

MBABANE- Chief Justice Bheki Maphalala has died, according to reports emerging on Thursday. Maphalala is reported to have passed away while receiving treatment...

Thousands flock to Shiselweni for Umhlanga second leg

MANZINI – Thousands of Imbali yesterday descended on the Mbangweni Royal Residence in the Shiselweni Region, marking the beginning of the second leg...

Zama zamas poison Phophonyane lifeline

MBABANE – Illegal miners are allegedly polluting the Phophonyane River, on which thousands of emaSwati depend. The river supplies water mainly to Pigg’s...

E50 000 bail for couple in E2.3 million theft case

MBABANE - A former chief clerk and her husband, implicated in the alleged theft of E2.3 million from Pick Yours Supermarket in Buhleni,...

Related Articles

Eswatini sugar farmers among better paid in COMESA region

MBABANE - Payments to sugar cane growers in Eswatini are higher than...

E8m retail threshold puts shops in emaSwati’s hands

MBABANE - All retail operations with an annual turnover below E8 million...

FNB Eswatini earnings fall 3% despite income growth

MBABANE - FNB Eswatini’s profit before tax declined by 3 per cent...

New COMESA rules reshape regional competition landscape

MBABANE - The new COMESA Competition and Consumer Protection Regulations, 2025, introduce...