Africa-Press – Eswatini. Preparations for the Business Eswatini (BE) annual general meeting (AGM) in which a new leadership cadre will be elected are now at an advanced stage.
BE will be having their AGM in which a new board of directors, as well as other senior bearers will be elected. This follows the term of office of the current leadership coming to an end by the end of the month. A new president of the apex private sector organisation will be elected after the incumbent, Andrew le Roux, did not offer himself for re-election. Notably, le Roux has served the organisation with distinction for many years during which he oversaw the radical transformation of the institution to what it has now become.
The announcement of the AGM was made by the management of the organisation through an invitation to all organisations who affiliate to the federation. The AGM will be held on September 20, 2023 from 8:30am and according to a statement issued by the organisation; they are encouraging every member who is affiliated to BE to attend the event.
The outgoing president has served BE for the constitutional two terms and will be vacating office to make way for a new president who will drive the mandate of the organisation forward. Le Roux who is also the Chief Executive Officer (CEO) of Montigny Investments, was instrumental in the rebranding of the organisation, which revitalised the brand image of BE, as well as improve the organisation’s influence in the country.
It is under his leadership that BE began to make a foray into social entrepreneurship, especially in the rural communities of Eswatini. Inspired by BE, Business Women Eswatini went on to establish the now-famous Vukani Bomake Projects, which has seen cottage businesses being planted in over 13 economically-deprived tinkhundlas around the country.
Project
This project has created as many as over 300 direct and indirect jobs for women in the rural communities as well as the youth and people with disabilities (PLD’s). The prominence of Business Eswatini was also witnessed at the height of the COVID-19 pandemic where the organisation played a key role in mobilising resources to fund the vaccination process against the pandemic.
Information gathered from BE’s website shows that the organisation is led by a president who is supported by three vice-presidents who led the trade and commerce, the Industrial Relations and Business Women Eswatini (BWE) committees. Fikile Nkosi who is the Managing Director (MD) of Nedbank Eswatini has been the vice-president of the trade and commerce committee while Bheki Maziya and Tokky Hou have been leading the industrial relations and BWE committees respectively.
The other committee constituting the corporate governance structure of the organisation included the Finance Chairperson Mvuselelo Fakudze, who is the Chief Executive (CE) of Standard Bank Eswatini. The stage is set for the new leadership and, as usual, the private sector will be watching developments keenly with the hope that the next group of leaders who will take office is one that is fit to drive the mandate of the private sector forward.
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