The Central Bank of Eswatini is the monetary authority of the Kingdom of Eswatini, established to foster price and financial stability that is conducive to the economic development of Eswatini. The mandate of the Bank is to:
- Formulate and implement sound monetary policy to achieve financial stability;
- Regulate and supervise the financial sector to the end of achieving a sound and efficient financial system;
- Issue and redeem currency (notes and coins);
- Hold and manage foreign reserves in the country;
- Act as a banker, a lender of last resort to financial institutions and facilitate development of domestic financial markets;
- Conduct research on monetary, financial and economic matters to support monetary policy formulation and;
- Stregthen stakeholder relationships.
For more on fintech initiatives by the Central Bank of Eswatini, you can visit this link: https://www.centralbank.org.sz/financial-technology-fintech/
The Centre for Financial Inclusion is an agency of the Ministry of Finance whose mandate is to coordinate the implementation of te country’s National Financial Inclusion Strategy. Furthermore, CFI bridge the gaps between the policy makers, financial regulators and the financial service providers to create an enabling environment for the financial system to better contribute to sustain livelihoods. The unit (CFI) takes the lead in co-ordinating the implementation the implementation of the Financial Inclusion Agenda ensures the creation of sensisisation & awareness, the participation of all the key stakeholders, alignment of the business & financial policy environment, research and development and monitoring the impact of the implementation of the Agenda on poverty reduction.
For more information on the Centre for Financial Inclusion, you can visit: http://www.cfi.org.sz/
The Eswatini Communications Commission is the regulatory body responsible for regulating the communications sector in Eswatini, constituting of telecommunication services and networks, broadcasting services, postal services and the use and allocation of radio spectrum. ESCCOM derives its mandate from the Swaziland Communications Act no. 10 of 2013.
For more information on ESCCOM, please visit their website at https://www.esccom.org.sz/about/profile/
The Financial Services Regulatory Authority is the regulatory and supervisory authority for the non-bank financial services sector and is mandated to supervise and regulate the activities of the insurance and retirement funds, capital markets and credit and savings institutions sectors, to maintain an efficient, safe, fair and stable financial services industry as well as to protect the interests of the various stakeholders in the financial services sectors.
For more information on the FSRA, please visit their website at www.fsra.co.sz or send an email to fintech@fsra.co.sz
The University of Eswatini is a higher education institution established by Act of Parliament of 1983. The chief mandate of UNESWA is to manpower production through teaching, research and community service.
For more information on the University of Eswatini visit http://www.uneswa.ac.sz/about