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TIBIYO TAKA NGWANE

A nation in progress

King Mswati III
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A NATION IN PROGRESS!
Tibiyo

Welcome to Tibiyo Taka Ngwane

Tibiyo Taka Ngwane is one of the main role players in Swaziland. Swaziland is one of Africa’s most stable countries.Tibiyo Taka Ngwane is a unique business entity. The former King, His Majesty Sobhuza II created it on Independence year, on 19 August 1968, by Royal Charter, basically to complement the Swaziland Government's national development efforts. In order to understand what it is that was intended in its creation, it is important to revisit the whole scenario under which Tibiyo was set up. It is most unfortunate that most people in the country are largely ignorant of what Tibiyo is, what it stands for and what it does. This situation can only be attributed, in part, to Tibiyo itself in that it perhaps has not adequately blown its trumpets, it has not adequately informed the public as to what it is and how it touches and concerns the people’s very lives.For instance, many people are not aware that Tibiyo employs directly and indirectly or has created employment for over 20 000 people over the years through its extensive investments in the economy. It need not be emphasised what that means in terms of corporate taxes from these investments, that help run the Government machinery, the income taxes of all those employees, the buying power of those employees in the economy, and the spill over effect to dependents of those employees.Tibiyo also runs a Corporate Social Investment Programme in which it endeavours to play an effective role in the maintenance of cultural values and the upliftment of the quality of life of the Swazi people. This programme comprises three components: the support of tradition and culture, the support of education and training and providing donations.

 

Tibiyo Culture Properties Projects investments