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Home Business

Competition Commission meets bankers over fair trade concerns

Adekunle Owolabi by Adekunle Owolabi
May 28, 2025
in Business
Reading Time: 1 min read
0
Officials from the Eswatini Competition Commission and Eswatini Bankers Association during a stakeholder engagement meeting held in Mbabane on Wednesday morning.

Officials from the Eswatini Competition Commission and Eswatini Bankers Association during a stakeholder engagement meeting held in Mbabane on Wednesday morning.

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MBABANE – The Eswatini Competition Commission (ESCC) and the Eswatini Bankers Association (EBA) held a closed-door meeting Wednesday morning to discuss key economic concerns around market fairness, mergers, and consumer protection.

The talks, held in Mbabane, brought together officials from both institutions to unpack the legal and practical implications of anti-competitive practices within Eswatini’s financial sector. The Commission used the session to explain its regulatory responsibilities and the importance of voluntary compliance from private institutions.

Officials confirmed that the agenda covered issues such as oversight of mergers and acquisitions, unethical business conduct, and how banks can support consumer rights in line with national economic goals. The meeting formed part of the Commission’s ongoing strategy to engage directly with industry players who shape market behaviours.

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The ESCC has been ramping up its stakeholder outreach in recent months, targeting sectors with significant influence on pricing, market access and business growth. Tuesday’s meeting with the banking association is one of several dialogues planned with key actors in the country’s economic landscape.

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Both sides welcomed the exchange of views and committed to maintaining a working relationship that supports open and fair competition in Eswatini.

Adekunle Owolabi

Adekunle Owolabi

Adekunle Owolabi is a journalist, political analyst, and digital strategist with experience across Africa and the Middle East. He focuses on international diplomacy, promotes digital inclusion, and advocates for a borderless Africa.

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