The SWIFT/BIC Code SWAZSZMBXXX is issued by CENTRAL BANK OF SWAZILAND in Eswatini. The issuing Bank's Bank code is XXX and The Bank Brach is XXX, located in MBABANE
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Country Code A-Z
2 letters representing the country the bank is in.
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Location Code 0-9 A-Z
2 characters made up of letters or numbers. It says where that bank's head office is.
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Branch Code 0-9 A-Z
3 digits specifying a particular branch. 'XXX' represents the bank’s head office.
Country Map Eswatini
About Eswatini
Eswatini derives its name from a later king named Mswati II. KaNgwane, named for Ngwane III, is an alternative name for Eswatini, the surname of whose royal house remains Nkhosi Dlamini. Nkhosi curiously means "king" in Ethiopian Semitic languages. Mswati II was the greatest of the fighting kings of Eswatini, and he greatly extended the area of the country to twice its current size. The Emakhandzambili clans were initially incorporated into the kingdom with wide autonomy, often including grants of special ritual and political status. The extent of their autonomy, however, was drastically curtailed by Mswati, who attacked and subdued some of them in the 1850s.[33] With his power, Mswati greatly reduced the influence of the Emakhandzambili while incorporating more people into his kingdom either through conquest or by giving them refuge. These later arrivals became known to the Swazis as Emafikamuva.[citation needed]
Swaziland in Southern Africa, Johnston & Johnston, Edinburgh, 1897.
Swaziland, detail from Johnston & Johnston map (Edinburgh, 1897). Black and White Umbelosi rivers and settlements such as Malinda, Kunudwini and Lotiti are indicated.
The autonomy of the Swazi nation was influenced by British and Dutch rule of southern Africa in the 19th and early 20th centuries. In 1881, the British government signed a convention recognising Swazi independence, despite the Scramble for Africa that was taking place at the time. This independence was also recognised in the London Convention of 1884.[34]
King Mbandzeni created a complex pattern of land ownership by granting many concessions to Europeans. During the concessions some of the King's senior chiefs like Chief Ntengu Mbokane got permission to relocate to farms towards the Lubombo region, in the modern-day city of Nsoko. Others like Mshiza Maseko relocated to farms towards the Komati River in the place called eLuvalweni. The concessions included grants and leases for agriculture and grazing. In 1890, following the death of Mbandzeni, a Swaziland Convention created a Chief Court to determine disputes about controversial land and mineral rights and other concessions.[35]
Swaziland was given a triumviral administration in 1890, representing the British, the Dutch republics, and the Swazi people. In 1894, a convention placed Swaziland under the South African Republic as a protectorate. This continued under the rule of Ngwane V until the outbreak of the Second Boer War in October 1899.[36]
King Ngwane V died in December 1899, during incwala, after the outbreak of the Second Boer War. His successor, Sobhuza II, was four months old. Swaziland was indirectly involved in the war with various skirmishes between the British and the Boers occurring in the country until 1902.[37]
British indirect rule over Swaziland (1906–1968)[edit]
In 1903, after the British victory in the Second Boer War, Swaziland became one of the British "High Commission Territories", the others being Basutoland (now Lesotho) and Bechuanaland (now Botswana), although a protectorate was not established because terms had not been agreed with the Swazi Queen Regent Labotsibeni Mdluli.
The Swaziland Administration Proclamation of 1904 established a commission with the task of examining all the concessions and defining their boundaries. This work was finished by 1907, and the Swaziland Concessions Partition Proclamation provided for a concessions partition commissioner to be appointed to set aside areas for the sole use and occupation of the Swazis. The commissioner had the power to expropriate up to one third of each concession without compensation, but payment would need to be made if more than a third was taken. In the event, in 1910 he completed his work and set aside 1,639,687 acres, some 38% of Swaziland's area, for the Swazi. The queen regent then encouraged the Swazi to go to work in the Transvaal to earn money to buy more land from the Europeans.[35]
Much of the early administration of the territory (for example, postal services) was carried out from South Africa until 1906, when the Transvaal Colony was granted self-government. A British high commissioner had some of the functions of a governor, but the Swazis were self-governing on their reserves, and the territory was not deemed to be a British possession.[38] Sobhuza's official coronation as king was in December 1921 after the regency of Labotsibeni, after which he led an unsuccessful deputation to the Judicial Committee of the Privy Council of the United Kingdom in London in 1922 regarding the issue of the land.[39]
In the period between 1923 and 1963, Sobhuza II established the Swazi Commercial Amadoda which was to grant licences to small businesses on the Swazi reserves and also established the Swazi National School to counter the dominance of the missions in education. His stature grew with time, and the Swazi royal leadership was successful in resisting the weakening power of the British administration and the possibility of the incorporation of Swaziland into the Union of South Africa.[39]
The constitution for independent Swaziland was promulgated by Britain in November 1963 under the terms of which a Legislative Council and an Executive Council were established. This development was opposed by the king's Swazi National Council (Liqoqo). Despite such opposition, elections took place, and the first Legislative Council was constituted on 9 September 1964.[40] By 1964, the area of the country reserved for occupation by the Swazi had increased to 56%.[35] Changes to the original constitution proposed by the Legislative Council were accepted by Britain and a new constitution providing for a House of Assembly and Senate was drawn up. Elections under this constitution were held in 1967.[40] Following the 1967 elections, Swaziland was a protected state until independence was regained in 1968.[41]
Independence (since 1968)[edit]
Following the elections of 1972, the constitution of Swaziland was suspended by King Sobhuza II who thereafter ruled the country by decree until his death in 1982. At that point, Sobhuza II had been king of Swaziland for almost 83 years, making him the longest-reigning monarch in history.[42] A regency followed his death, with Queen Regent Dzeliwe Shongwe as head of state until 1984 when she was removed by the Liqoqo and replaced by Queen Mother Ntfombi Tfwala.[42] Mswati III, the son of Ntfombi, was crowned in 1986 as king and ngwenyama of Swaziland.[43]
An attempt to transfer neighbouring parts of South Africa, more precisely parts of the Zulu homeland of KwaZulu and parts of the Swazi homeland of KaNgwane, to Swaziland in 1982 was never realized.[44][45] This would have given land-locked Swaziland access to the sea. The deal was negotiated by the governments of South Africa and Swaziland, but was met by popular opposition in the territory meant to be transferred.[46] The territory had been claimed by Sobhuza II as part of the Swazi monarchs' traditional realm, and the South African government hoped to use the area as a buffer zone against guerrilla infiltration from Mozambique. (The South African government responded to the failure of the transfer by temporarily suspending the autonomy of KaNgwane.)[47][48]
The 1990s saw a rise in student and labour protests calling on the king to introduce reforms.[49] Thus, progress towards constitutional reforms began, culminating with the introduction of the current Swazi constitution in 2005. This happened despite objections by political activists. The current constitution does not clearly deal with the status of political parties.[50] The first election under the constitution took place in 2008. Members of Parliament (MPs) were elected from 55 constituencies (also known as tinkhundla). These MPs served five-year terms which ended in 2013.[50] In 2011, Swaziland suffered an economic crisis which was caused by reduced Southern African Customs Union (SACU) receipts. This caused the government to request a loan from neighbouring South Africa. However, they did not agree with the conditions of the loan, which included political reforms.[51]
During this period, there was increased pressure on the Swazi government to carry out more reforms. Public protests by civic organisations and trade unions became more common. Starting in 2012, improvements in SACU receipts eased the fiscal pressure on the Swazi government. A new parliament, the second since the promulgation of the constitution, was elected in 2013. The king then reappointed Sibusiso Dlamini as prime minister for the third time.[52]
On 19 April 2018, Mswati III announced that the Kingdom of Swaziland had been renamed as the Kingdom of Eswatini, reflecting the extant Swazi name for the state eSwatini, to mark the 50th anniversary of Swazi independence. The name Eswatini means "land of the Swazis" in the Swazi language and was partially intended to prevent confusion with the similarly named Switzerland.[12][13]
Eswatini workers began anti-government protests against low salaries in September 2018. They went on a three-day strike organised by the Trade Union Congress of Eswatini that resulted in widespread disruption.[53] In June 2021, pro-democracy protests broke out across the country, sparkin
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