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Standard Bank ties investment conference support to renewable energy and job creation

Khulekile Mhlanga by Khulekile Mhlanga
April 17, 2026
in Business, Energy
Reading Time: 2 mins read
0
Standard Bank ties investment conference support to renewable energy and job creation

Standard Bank CE Mvuselelo Fakudze

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Mbabane  – Standard Bank Eswatini says its involvement in the upcoming investment conference is linked to ongoing renewable energy projects and efforts to address unemployment through private sector growth.

Standard Bank representative Berry said the institution is currently working on several renewable energy initiatives, with a new project already approved and expected to be announced soon.

He said investment-focused conferences are important in attracting foreign capital and creating opportunities for young people.

“Conferences like this that encourage foreign investment are critical. They help grow the country, improve its prospects, and create jobs for our youth. With growth, everyone’s life improves,” he said.

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The remarks come as the bank partners with the Eswatini Investment Promotion Authority in hosting the Eswatini Investment Conference later this year.

Berry said the bank’s broader objective is to support economic development and community growth.

“That is our intention as a bank. We are here for the community. We are here to grow the country,” he said, adding that the partnership contributes to efforts to develop the economy.

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He said Eswatini is well positioned within the Southern African region to become a centre for growth if investment efforts are properly managed.

“If we get it right, I see Eswatini becoming the Mauritius of Southern Africa,” he said.

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Berry said the bank also plays a role in supporting small and medium enterprises (SMEs), which are key to job creation and economic expansion.

“Our role is to mobilise capital, connect foreign investors with the local business community, and open up opportunities. Our role even extends to creating employment,” he said.

He added that unemployment statistics continue to highlight the need for increased private sector activity, with the bank positioning itself to help bridge the gap.

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“We are open for business to support our local entrepreneurs and to provide advisory services where appropriate,” he said.

Berry further pointed to Standard Bank’s regional presence, saying its footprint across multiple countries allows it to replicate successful investment models in Eswatini.

“We have representation across multiple countries, so we can replicate successes seen elsewhere,” he said, adding that the bank is ready to adopt approaches that have proven effective in other markets.

Khulekile Mhlanga

Khulekile Mhlanga

Khulekile Mhlanga is an aspiring journalist currently interning at Independent News Eswatini, known for strong writing and editing skills. A student at Limkokwing University of Creative Technology, she is passionate about storytelling and dedicated to uncovering the truth in a fast-paced media environment. She is committed to ethical reporting and to building trust with both sources and audiences.

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