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MISSION

“To support inclusive national economic growth through the expansion of sustainable access to financial services for Swazi entrepreneurs and the general population by helping them to be innovative, be growth driven and ultimately improving the quality of life for all”. 

VISION

“To position ourselves nationally as the leading provider of development finance and other support financial services which directly contribute to national economic development”.

   

PURPOSE

To economically empower Swazi Entreprenurs through the provision of accessible and sustainable financial services. 

 

 

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Where We Are

Shareholding

The Government of Swaziland which holds 80% of the shares, is represented by the Ministry of Finance.  It is however Government’s future plans to sell part of her shares to private investors in order to allow autonomy to the Corporation which is expected to result in greater outreach, impact and further improve the level of service delivery to the SME sector through better products and improved technology.

Tibiyo Taka Ngwane, which hold the 20% shares, is a national investment and development oriented organization who has partners with local and foreign investors in several business sectors in the country. Tibiyo Taka Ngwane invests either in the form of equity or loan finance.  It is a unique business entity in that the former King, His Majesty Sobhuza II created it on the year of independence, on 19 August 1968, by Royal Charter, basically to complement the Swaziland Government's national development efforts. The organization has created more than 20 000 employment opportunities through its investments.  Tibiyo Taka Ngwane also runs a Corporate Social Investment Programme in which it endeavours to play an effective role in the maintenance of cultural values and the upliftment of the quality of life of the Swazi people. This programmes comprises three components: the support of tradition and culture, the support of education and training and providing donations. Its involvement in Fincorp is another indicator of its commitment to the development of Swazi SMEs.

 

 

 

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