Business

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.

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