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Home Business

Minister of Commerce to officiate Family Business Summit 2025

Xolani Mngomezulu by Xolani Mngomezulu
July 7, 2025
in Business
Reading Time: 2 mins read
0
Minister of Commerce, Trade and Industry Mancoba Khumalo officiates the 2024 edition of the Family Business Summit.

Minister of Commerce, Trade and Industry Mancoba Khumalo officiates the 2024 edition of the Family Business Summit.

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MBABANE – The Minister of Commerce, Industry and Trade Manqoba Khumalo will officially open the Family Business Summit second edition on August 7, 2025.

The summit featuring international speakers including Alan Barr and Creagh Sudding from KPMG South Africa and Dr Manessah Alagbaoso from the Standard Bank Group is themed “Growing Legacies, Embracing Change”.

Most targeted people are family-owned enterprises, policy makers and business experts. A panel of experienced local business owners will also be featured, along with one-on-one advisory sessions.

The summit is organised by local consultancy firm, REDI, and aims to equip family businesses with tools for sustainability, intergenerational wealth and governance. 

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The KPMG, Family Enterprises and Standard Bank have partnered as knowledge collaborators offering African and global insights into family business success, with South Africa’s Sothaba Enterprises also working with REDI to deliver the summit.

The conference seeks to tackle challenges faced by Eswatini’s family rum businesses, many of which struggle to survive beyond the founder’s generation. 

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In contrast, global examples such as Walmart, Volkswagen and Tata Group demonstrate long-term resilience. Regionally, Dangote, Pick n Pay and United Holdings are among businesses that have thrived under family ownership.

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Family enterprises are widely acknowledged as major drivers of employment, income and social impact. REDI hopes the summit will drive awareness and capacity for Eswatini’s family businesses to embrace and ensure longevity.

Family Business Summit event flyer
Family Business Summit event flyer
Xolani Mngomezulu

Xolani Mngomezulu

Xolani Mngomezulu is a journalist with Independent News Eswatini, a fast-growing weekly publication based in Mbabane. He holds an Associate Degree in Journalism and Media from Limkokwing University of Creative Technology. His recent reporting spans education, business networking insights, and highlights from the local sports scene.

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