By Thokozani Mazibuko
His Majesty King Mswati III expressed his pride in the achievements of a local co-operative during a recent ceremony where he inaugurated several projects under the Madlangempisi Inkhundla.
The King revealed that the co-operative generates an impressive E44 million in dividends annually, highlighting the positive impact of such initiatives on the community.
Addressing attendees at the event, the King emphasized the importance of financial accessibility for citizens. “People had been facing problems whenever they were owing financial institutions.
Hence, I saw the need to avail the Rural Development Fund (RDF) for every citizen to access financial help,” he stated.
His Majesty’s commitment to alleviating financial hardships among Emaswati resonated throughout the ceremony.
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The introduction of the RDF aims to empower communities by providing them with the necessary financial resources to thrive and improve their economic standing.
The King’s remarks underscored the urgency of addressing mental health concerns linked to financial stress, with him stating, “I couldn’t stand by and watch Emaswati go under depression.”
The successful co-operative in the Hhohho Region serves as a testament to the potential benefits of collective financial efforts and community-driven initiatives.
It should be noted that as communities witness the tangible results of their investments, it is hoped that more citizens will be inspired to participate in similar ventures.
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It is worth mentioning that as the King continues to advocate for financial empowerment and community support, the Hhohho Region sets a remarkable example of how cooperative models can enhance economic stability and provide critical assistance to those in need.
The celebration of the co-operative’s success is a reminder of the power of unity and collaboration in fostering a healthier and more financially secure society for all Emaswati.
