Group Managing Director
CurrentEswatini Development Finance Corporation (FINCORP) was launched by His Majesty King Mswati III in November 1995 with the main objective of economically developing the people of Eswatini through the provision of accessible financial services. FINCORP is a registered private company with two shareholders, namely: the Government of Eswatini that owns 80% of the business and Tibiyo Taka Ngwane, a sovereign wealth fund, that owns the remaining 20%. We continue to fulfil our original… Show more Eswatini Development Finance Corporation (FINCORP) was launched by His Majesty King Mswati III in November 1995 with the main objective of economically developing the people of Eswatini through the provision of accessible financial services. FINCORP is a registered private company with two shareholders, namely: the Government of Eswatini that owns 80% of the business and Tibiyo Taka Ngwane, a sovereign wealth fund, that owns the remaining 20%. We continue to fulfil our original development finance mandate of helping Eswatini citizens to start new businesses and grow existing businesses by offering them affordable finance, thus creating jobs, growing the economy,and alleviating poverty. In 2010, we set up FIRST FINANCE to offer general purpose loans to government and corporate employees in Eswatini and FINSURE, which is now a fully licensed insurance company offering a full range of short-term and life insurance products to individuals and organisations in Eswatini.We recently engaged with the Frankfurt School of Businesss, who helped us improve our internal processes and formulate a strategy for sustainable growth through strengthening our business development support services to SME clients, expanding First Finance's loan book and growing Finsure, which has only recently upgrade from being an insurance broker to a fully fledged insurance company able to underwrite business itself. Therefore, we look forward to helping businesses and individuals in Eswatini to meet their financial needs and help themselves for many years to come. Show less