Skip to main content

The ENPF is turning 50 years in August 2024


The logo of the ENPF (sourced online)


Written by Fundizwi Sikhondze

The premier social security scheme in Eswatini the Eswatini National Provident Fund (ENPF) is turning 50 years in in August 2024. It was formed in August 1974.

In marking the 50 year anniversary the ENPF through its social media platforms are releasing bits and pieces of information about the early days of the ENPF. According to the information provided the establishment of the ENPF was sealed on the 30th August 1974 when then head of state King Sobhuza II assented to the Kings Order in Council establishing the ENPF (then the Swaziland National Provident Fund or SNPF).

ENPF storyline of its history (sourced from ENPF social media channels)

More interesting facts that have been shared by the ENPF have been that the ENPF was established with a E100 000 injection by the government of the day, the fact that the first statutory contribution from the ENPF was E10.00 and it was received in 1976 and that the first benefits amounting to E10,000 were paid in 1985,11 years after the establishment of the ENPF. These funds were paid to two beneficiaries from Peak Timbers.

More historical facts regarding the ENPF's journey will be covered in this platform in the build up to the 50th anniversary in August 2024. 

Comments

Popular posts from this blog

WORKERS AND EMPLOYERS HAVE QUESTIONED LABOUR MINISTER BUTHELEZI ON THE APPOINMENT OF ENPF BOARD CHAIRPERSON

  Pictured above: Derrick Shiba,the Chairperson of the ENPF Board of Directors (Picture credit: Online sources) Written by Fundizwi Sikhondze  The appointment of businessman Derrick Shiba to the position of chairperson of the Board of Directors of the Eswatini National Provident Fund (ENPF) has come under heavy criticism by the social partners, the business and labour federations. The Minister of Labour and Social Security Phila Buthelezi has however put up strong defence by sarcastically asking them to go to court if not satisfied with the decision.  Mr Shiba is otherwise known as the Group Chief Executive Officer of the Inyatsi Group of Companies. He is also known to own and run a Eswatini Premier League football team called Nsingizini Hotspur. The social partners' first reaction to the appointment of the board was to notify Minister Buthelezi of their discontent about the appointment and they also sought a consultative engagement with him regarding the matter. The ...

PRE FINAL SALARY REVIEW REPORT RELEASED TO PSUs

  Pictured Above: Ministry of Public Service and Administration Principal Secretary Mthunzi Shabangu (L) receiving the Pre Final Salary Review and Jobs Grading report from Emergency Growth/Umelusi Consulting's Siphephiso Dlamini (R). Picture credit: SNAT Platform. Written by Fundizwi Sikhondze The pre final draft report of the public service Salary Review and Jobs Grading report was released to the participants of Joint Negotiations Forum on Tuesday 9 th September 2025 by the consultancy team, a partnership comprising of Emergency Growth and Umalusi Consultancy. The report was symbolically delivered to the leader of the government negotiations team and Principal Secretary to the Ministry of Public Service and Administration, Mthunzi Shabangu. The Public Sector Unions, namely, National Public Service and Allied Workers Union (NAPSAWU),the Swaziland National Government Accountants Personnel (SNAGAP), Swaziland National Association of Teachers (SNAT) and the Swaziland Democratic ...

ESWATINI ELECTRICITY COMPANY (EEC) APPLIES FOR ADDITIONAL 13.67% TARIFF FROM ESERA

An image depicting the EEC. Source Online  Written by Fundizwi Sikhondze The Eswatini Electricity Company (EEC) has made an application of an additional tariff increase of 13.67% over and above the already awarded 7% tariff increase for the 2026/27 financial year. In total the EEC'c application, if successful, will lead to the electricity tariff to be adjusted 20.67% higher on 1st April 2026, the commencement period for the 2026/27 financial year. The application was submitted to the energy regulator, the Eswatini Energy Regulatory Authority (ESERA) around the 29 th December 2025. ESERA is a regulatory authority in the energy sector that was established by the Energy Regulatory Act 2007 to regulate ethe energy industry including the setting of the tariffs.  In their application the EEC indicated that they were encountering difficult conditions, particularly, the costs associated with the importation of energy from South Africa, from Mozambique, from the Southern African P...