The new board of the Eswatini National Provident Fund (ENPF), chaired by Chief Lukhwabitsi, has been officially unveiled by the Minister for Labour and Social Security, Phila Buthelezi.
During the unveiling, the Minister reminded the newly appointed board of the challenge set by His Majesty King Mswati III to grow the Fund’s investment portfolio to E100 billion.
The target places emphasis on the Fund’s investment growth and its role in safeguarding members’ retirement savings while strengthening its financial position.
Simon Khumalo has been appointed Vice-Chairperson, while Jabulani Nxumalo joins the board as a member. The two, together with Chief Lukhwabitsi, are making their debut on the board, while the remaining members are returning members.
The new board is expected to provide leadership and oversight as the Fund works towards its investment growth target and continues to fulfil its mandate of providing social security benefits to its members.
