“Please Don’t Corrupt Us”: Central Bank Issues Strong Warning Against Unethical Practices

The Central Bank of Eswatini (CBE) has sent a clear message to its suppliers and contractors: “Please don’t corrupt us.”

This was the firm plea from Deputy Director of Procurement, Warren Dlamini, during the 2025 CBE Supplier Day at the CBE Complex in Ezulwini, where the Bank launched its new digital procurement system.

Addressing over 430 suppliers gathered at the Bank’s conference center, Dlamini encouraged all business partners to uphold ethical standards and avoid practices that could compromise the integrity of the Bank’s operations.

“We are wearing this badge of ethics with pride,” he said, referring to the Bank’s CIPS Corporate Ethics Award, which recognizes adherence to international standards of integrity and professionalism in procurement.

“Please don’t corrupt us. We want to remain impartial, professional, and honest,” he stressed.

He pointed out that corruption involves both parties—the giver and the receiver—and warned that unethical behavior damages trust, fair competition, and sustainable development.

“In corruption, there are two parties: the corruptor and the corruptee. One offers, one accepts. So, it cannot be one-sided. We are asking you, don’t impose that on us.”

Dlamini reaffirmed the Bank’s zero-tolerance stance toward unethical conduct and reminded suppliers that all tenders are awarded solely on merit, supported by transparent evaluation and verification procedures.

“We pride ourselves on transparency,” he said. “If you price well and submit a strong proposal, you will get the job. Every payment we make is backed by internal and external validation.”

The Deputy Director also emphasized the Bank’s effort to support local economic growth, noting that over E150 million has been spent on local procurement for ongoing infrastructure projects at the new complex, including work carried out by emaSwati contractors.

Additionally, the Bank’s upcoming head office project requires a minimum of 30% local participation, ensuring emaSwati businesses benefit from this landmark development.

Dlamini said these initiatives show the Bank’s commitment to building a supplier community grounded in ethics, quality, and mutual growth.

“When you partner with us, you are not just selling a product or service,” he remarked. “You are building a partnership based on integrity and shared values.”

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