On August 16, 2024, the CIGFARO Eswatini Chapter successfully executed its re-launch event at the Happy Valley Hotel. This strategic gathering, themed “Forging Excellence, Empowering Government Finance Leaders in Eswatini: Unleashing Potential – Investing in Government Finance Professionals,” aimed to enhance the capabilities and expertise of finance professionals within the public sector.
The event was marked by a series of insightful presentations and networking opportunities, bringing together key stakeholders from various sectors.
The event commenced with registrations from 8:00 AM, allowing attendees to arrive, network, and settle in before the formal proceedings. The registration process was well-organized, ensuring a smooth transition into the program.
The moderator opened the session, setting a warm and welcoming tone for the day. Their remarks highlighted the significance of the gathering, emphasizing the collaborative spirit needed to enhance public finance in Eswatini.
The Chairperson delivered an inspiring address, introducing the event’s purpose and agenda. They articulated the vision of CIGFARO, focusing on the necessity for excellence in financial governance. This speech laid the groundwork for the discussions to follow, encouraging all participants to engage actively in the sessions.
Opening remarks
The Chairperson welcomed distinguished guests, including the Honourable Minister of Housing and Urban Development, Appolo Maphalala, CIGFARO President Dr. Emmanuel Ngcobo, and representatives from various financial institutions. The presence of these leaders emphasized a collective commitment to advancing government finance in Eswatini.
Honouring past leaders
A moment was taken to honour past chairpersons whose leadership laid the foundation for CIGFARO Eswatini. The Chairperson acknowledged Ms. Ruth Dube, Mr. Thulani Mabuza, and the late Mr. Petros Nxumalo, celebrating their contributions to the organization.
Commitment to excellence
The Chairperson articulated that the re-launch symbolizes not just a renewal but a transformative moment for Eswatini’s financial landscape. The theme was presented as a battle cry for change and improvement within the finance sector.
Vision and initiatives
CIGFARO Eswatini was described as a launchpad for excellence with initiatives focused on:
- Advocacy platforms to shape national policies.
- A mentorship scheme to nurture future leaders.
- Professional development programs and research initiatives to enhance Eswatini’s global financial standing.
Addressing challenges
The Chairperson acknowledged challenges such as resource constraints, technological advancements, and the decentralization of government. However, these challenges were framed as opportunities for growth and innovation.
Call to action
The Chairperson encouraged attendees to be lifelong learners, uphold ethical standards, innovate relentlessly, and actively engage in shaping Eswatini’s financial future. A specific call was made to strengthen regional bonds with South African counterparts for mutual growth.
Legacy and future
The address concluded with an inspiring vision for the future, urging finance professionals to see themselves as guardians of Eswatini’s financial future and to honour the legacy of past leaders by striving for unprecedented heights in financial governance.
Conclusion
The re-launch event marked a significant step toward enhancing public finance management in Eswatini. It provided a platform for collaboration and professional development, fostering a community of finance leaders ready to embrace future challenges and opportunities. The commitment to excellence and the support from regional partners promise a bright future for financial governance in Eswatini. Together, participants are poised to forge excellence and empower government finance leaders for the betterment of the nation.
The Honourable Minister, Mr. Appolo Maphalala, delivered a compelling address, highlighting the crucial role of finance professionals in driving national development. His message centered on the themes of transparency, accountability, and commitment to excellence. He urged all stakeholders to collaborate actively in CIGFARO initiatives, recognizing the challenges and opportunities present in the current financial landscape.
The Honourable Minister emphasized the significance of the re-launch of CIGFARO Eswatini, recognizing it as a pivotal moment for public finance management. Key points from the Minister’s address included:
- Recognition of guests: Acknowledgment of the presence of esteemed guests, including the CIGFARO leadership and representatives from South Africa, expressing gratitude for their support.
- Commitment to excellence: The re-launch is viewed as a reaffirmation of the commitment to excellence in public finance governance, with a focus on transparency, accountability, and efficiency.
- Role of finance professionals: The Minister highlighted the crucial role of finance professionals in national development, serving as stewards of resources and architects of fiscal policy.
- Challenges and opportunities: He acknowledged the challenges faced by finance professionals, such as rapid technological changes and evolving standards, framing these as opportunities for growth and innovation.
- Call to action: The Minister urged all stakeholders to actively engage with CIGFARO, participate in initiatives, and collaborate to tackle the complex financial challenges in the nation.
Participants engaged in a tea break, providing an excellent opportunity for networking and discussion. Exhibitions showcased innovative financial solutions and services relevant to public finance, fostering connections between attendees and exhibitors.
After the tea break, Lindi Nolte, the CEO of CIGFARO, took the stage to outline the organization’s strategic direction. Her presentation focused on initiatives aimed at enhancing the skills and knowledge of finance professionals. She emphasized the importance of continuous professional development and the role of CIGFARO in facilitating this growth.
ELAMA Representative Remarks
Ms. Lungile Dlamini, ELAMA President, also addressed the audience with key points:
She expressed honour and privilege in representing the Eswatini Local Managers Association (ELAMA) during this momentous occasion.
- Emphasized the symbiotic relationship between ELAMA and CIGFARO, highlighting their shared goal of improving governance in Eswatini.
- Stressed that local government is where national policies meet everyday realities, making the re-launch of CIGFARO crucial for effective governance.
- Extended an invitation to CIGFARO colleagues to visit municipalities and help find innovative financial solutions.
- Urged fellow ELAMA members to engage with CIGFARO, enhance their financial knowledge, and strive for improved community governance.
- Concluded with a call to create a legacy of financial excellence and good governance that benefits future generations.
Introduction to STD Chart of Accounts
This session provided attendees with critical insights into the Standard Chart of Accounts (STD), an essential tool for effective financial management. The presentation was well-received, as it equipped participants with knowledge to enhance their financial reporting and accountability practices.
CEO Introduces CIGFARO President
The CEO introduced the new CIGFARO President, highlighting their vision for the organization and commitment to furthering the objectives of CIGFARO in Eswatini.
CIGFARO President’s Re-Launch Speech (1:05 PM – 2:10 PM)
The newly appointed CIGFARO President delivered a powerful speech, marking the official re-launch of the chapter. Their address emphasized the need for innovation, collaboration, and a renewed focus on excellence within the finance sector. This moment was pivotal, as it reinforced the commitment of CIGFARO to lead the charge in enhancing public finance management.
The lunch hour provided a relaxed environment for attendees to network further, share experiences, and discuss the insights gained from the morning sessions. This informal interaction was vital for fostering professional relationships.
Closure and exhibitions
- Exhibitors were given an opportunity to market their Companies
- Ministers vote of thanks on behalf of CIGFARO Eswatini
The event concluded with closing remarks, summarizing the key takeaways and encouraging participants to implement the knowledge gained. The exhibitions continued, allowing attendees to explore further resources and solutions relevant to their work.
Conclusion
The re-launch of the CIGFARO Eswatini Chapter was a resounding success, reflecting the collective commitment of finance professionals to enhance public finance management in Eswatini. The event not only provided valuable insights but also fostered a sense of community among attendees. The emphasis on excellence, collaboration, and professional development promises to propel the finance sector in Eswatini toward a brighter future.
The insights and discussions from this event will undoubtedly serve as a foundation for ongoing initiatives, ensuring that finance professionals are equipped to meet the evolving challenges of public governance. The enthusiasm and engagement exhibited by participants at the re-launch signify a promising path forward for CIGFARO and the finance community in Eswatini.
Closure and exhibitions
- Exhibitors were given an opportunity to market their Companies
- Ministers vote of thanks on behalf of CIGFARO Eswatini
The event concluded with closing remarks, summarizing the key takeaways and encouraging participants to implement the knowledge gained. The exhibitions continued, allowing attendees to explore further resources and solutions relevant to their work.
Conclusion
The re-launch of the CIGFARO Eswatini Chapter was a resounding success, reflecting the collective commitment of finance professionals to enhance public finance management in Eswatini. The event not only provided valuable insights but also fostered a sense of community among attendees. The emphasis on excellence, collaboration, and professional development promises to propel the finance sector in Eswatini toward a brighter future.
The insights and discussions from this event will undoubtedly serve as a foundation for ongoing initiatives, ensuring that finance professionals are equipped to meet the evolving challenges of public governance. The enthusiasm and engagement exhibited by participants at the re-launch signify a promising path forward for CIGFARO and the finance community in Eswatini.
