Home Business FNB supports sugar cane growers with E100k
Business

FNB supports sugar cane growers with E100k

Share
FNB Eswatini staff interacting with Eswatini Sugar CEO Banele Nyamane(R), former Under Secretary in the Ministry of Agriculture Gugu Shabangu, Eswatini Cane Growers Association CEO Dr Sipho Nkambule and EWADE CEO Dr Samson Sithole during last year’s competition. (Pic: Courtesy)
Share

MBABANE – FNB Eswatini has injected E100 000 into the 2024/25 Annual Smallholder Sugar cane Growers’ Competition, reaffirming its partnership with the sector.

The bank’s sponsorship will support the prestigious event celebrating top-performing smallholder growers across the country, scheduled for Friday, October 3, at the Phumulamcashi Community Training Centre.

The competition, a flagship initiative in the agricultural calendar, recognises excellence in sugar cane production by smallholder farmers who are key players in sustaining the industry and rural livelihoods.

FNB Eswatini Executive Head of Commercial Banking Chantell Littler highlighted the bank’s recognition of agriculture as a cornerstone of the national economy.

“As a business, we understand the importance of agriculture, specifically sugar cane growing and production, in growing the economy and job creation,” she said.

Smallholder sugar cane growers play a role in the country’s sugar sector, contributing not only to domestic production, but also to export markets that bring in much-needed foreign exchange. With sugar cane farming directly employing thousands and indirectly supporting rural communities, stakeholders have long called for increased investment in farmer development programmes.

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Your email address will not be published.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

Socialites, banker arrested in E396 000 fraud case

MANZINI – Two socialites and a banker have been arrested in connection with an alleged fraud involving more than E396 000. The accused...

34 cops graduate in police science

MANZINI – Thirty-four police officers have graduated with diplomas in Police Science as the police service seeks to strengthen its response to emerging...

MaMkhize back for ‘Bull’ after China trip

MBABANE – Mbabane Highlanders AM president Shauwn ‘MaMkhize’ Mkhize is back home after a business trip to China, declaring that her presence is...

Bishop Vusumuzi Makuluve confirms separation from wife

MANZINI – Founder and senior pastor of God Cares Christian Fellowship, Bishop Vusumuzi Makuluve, has confirmed the end of his marriage to Nolwazi...

Eswatini repatriates 11 third-country nationals

MBABANE – Eswatini has repatriated 11 third-country nationals since July 2025 under an arrangement with the United States Government. The latest to return...

Related Articles

EIPA attracts E1.85bn new investments in Q2

MBABANE - Eswatini attracted E1.85 billion in new investment projects and E170...

Eswatini slips to 30th in Africa investment rankings

MBABANE - Eswatini has dropped to 30th position in the 2026/27 edition...

FNB launches enhanced eWallet Plus service

MBABANE - FNB Eswatini has launched eWallet Plus, an enhanced version of...

AfDB backs reforms as arrears fall to E2.7bn in 3yrs

MBABANE - Government arrears have declined to E2.7 billion as Eswatini advances...