MANZINI – The Eswatini National Provident Fund (ENPF) ushered in a new chapter at its golden jubilee celebration on Friday, unveiling a refreshed logo that signals a bold future, while also revealing its asset base has grown to E6.8 billion.
The event, held at the Mavuso Trade Centre, drew dignitaries, partners, and members of the public, with His Majesty King Mswati III and members of the royal family leading the commemoration. The celebration honoured 50 years since the Fund was established in 1974 by His Majesty King Sobhuza II.
A central moment of the gala was the unveiling of ENPF’s new logo, which reflects a strategic rebrand aimed at aligning the institution with modern financial trends, innovation, and the evolving needs of its members. ENPF CEO Futhi Tembe described the new identity as a symbol of renewal and a reaffirmation of the Fund’s promise to serve with unity, purpose, and progress.
“This new look represents where we are going, while honouring where we’ve come from,” she said.
Since its founding with just E100,000 in capital, the Fund has transformed into a major pillar of Eswatini’s economy. Over 59% of its current E6.8 billion asset portfolio is invested locally, in line with its mission to stimulate national growth.
In his address, His Majesty King Mswati III praised the Fund’s journey and integrity, pointing out that no money has ever been reported stolen from the institution over its five decades of existence. He acknowledged the leadership of past and present CEOs and encouraged ENPF to advance its transition into a fully-fledged pension fund to increase member benefits.
Looking ahead, His Majesty challenged the Fund to target a turnover of E100 billion by its centenary.
Tembe also presented a breakdown of ENPF’s investment footprint, which includes ownership and equity across a range of industries—from the Happy Valley Hotel and Montigny, to stakes in Unifoods, Swazi Milk, Pick n Pay Eswatini, Oracle Health, and Eswatini Mobile. The Fund also owns major commercial properties such as Bhunu Mall and Swazi Plaza.
Beyond finance, ENPF has invested over E15 million since 2015 in social projects, including homes for the elderly, educational bursaries for children with disabilities, and community health programmes.
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