SEL gives E600 000 to Eswatini charities
The investment holding company distributed funds to education, children's welfare, and cancer care initiatives.
Swazi Empowerment Limited (SEL) has donated E600 000 to three Eswatini institutions supporting education infrastructure, vulnerable children, and cancer care. The investment holding company, listed on the Eswatini Stock Exchange, provided the financial support through its Corporate Social Responsibility (CSR) programme. Beneficiary institutions included the Ministry of Education and Training, SOS Children’s Village, and Eswatini Cancer Network.
SEL CSR Chairperson Shaka Ndlangamandla stated that the funding comes from dividends generated by the company’s investments. He explained that this demonstrates how corporate returns can address social development needs. Representatives from the recipient organisations expressed gratitude, noting the timely assistance amid financial difficulties faced by NGOs.
The Ministry of Education and Training highlighted the donation's importance for addressing school infrastructure challenges, such as rehabilitating dilapidated facilities. Principal Economist Nkululeko Gwebu noted SEL's long-standing partnership with the ministry, which has previously funded school construction and water provision.
Why it mattersEswatini charities and government ministries received financial support from SEL for essential social services.