BE Hosts Successful Insurance Sector Meeting

In a bid to fortify the entire economy under the theme of catalyzing business development, Business Eswatini (BE) hosted another successful insurance sector meeting in keeping with its role in safeguarding the interests of local businesses across all industries.

The recent insurance industry meeting convened by BE is one of many other such meetings and conferences that are convened under the umbrella body representing the business sector in Eswatini.

Held against the backdrop of tightening economic conditions sweeping across the entire economy and region, the business leaders within the insurance sector met to put their minds together on how the sector can inspire some vibrancy into the economy and sharpen each other’s axes as they seek to improve the efficiencies within the sector as a whole.

The chairperson of the sector, Zama Ngcobo expressed his satisfaction with the content and quality of the discussions and could not hide his optimism about the outcomes. He also encouraged the companies who did not make it to ensure that they take part in the gatherings so that they do not miss out on crucial decisions that are taken by the collective under BE.

The CEO of BE, Nathi Dlamini said “As businesses grapple with various challenges, BE as the apex Federation of Employers remains steadfast in its mission to support the entire business sector with the tools, insights, and resources needed to navigate through the treacherous, tough business landscape. We are constantly on the lookout for opportunities on behalf of our members, hence we felt that an engagement of such a nature among the insurers would at least assure all the other industries of the cover they need especially in a dynamic and volatile environment such as the business landscape.”

He further announced that BE intends to expand consultations with other sectors of the economy to make an informed intervention on behalf of all businesses in the country regardless of size.

“It is our culture to consult with members so that we walk in lockstep with them and we will continue down this road with our hands on their pulses as usual. By fostering a collaborative environment and facilitating dialogue between captains of industry, BE has positioned itself as the vanguard of business development and resilience,” he said.

The CEO also announced that on the 29th of February, they will soon be hosting the Annual Labour Conference, a seminar where employers and social partners are updated on the latest developments within the industrial relations space whilst also being given the chance to have a voice on the direction of policy in the space. He said spaces are limited and encouraged those who have not yet booked to do so immediately to avoid disappointment.

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