By Bongiwe Dlamini

MBABANE:Mvuselelo Fakudze, the President of Business Eswatini is leading a delegation participating in the ongoing International Labour Organization(ILO) Conference held in Geneva-Switzerland.

In a press statement sent to this Swaziland News, the Communications Department of the organization said, the “delegation is making waves in Geneva, where global leaders are shaping the future of work. 

“At the heart of the discussions is the Standard Setting of the Platform Economy-a transformative shift that will redefine industries, labour markets, and economic structures worldwide. Leading BE’s delegation are President Mr. Mvuselelo Fakudze(who is also the Chief Executive of Standard Bank Eswatini) and Chief Executive Officer Mr. E. Nathi Dlamini.Their active participation underscores BE’s commitment to ensuring that Eswatini’s business community remains at the forefront of global labour and economic policy discussions. President Mvuselelo Fakudze has taken a keen interest in the standard-setting processes of the Platform Economy, emphasizing its far-reaching implications,” reads the statement in part.

The Business Eswatini President said, he was privileged to engage with global employers, shaping the future of work.

“The impact of the Geneva Convention on the Platform Economy will be cross-cutting—no industry will be left untouched. The intensity of the debate in the ILO plenary sessions confirms just how critical this issue is. As BE President, I am privileged to represent Eswatini’s private sector in these discussions and to engage with global employers shaping the future of work,” he said.

Fakudze further highlighted the rapid digital transformation disrupting traditional business models, particularly in financial services.  

“The shift from analogue banking to digital platforms is unstoppable. Financial institutions, including ours at Standard Bank Eswatini, are already embracing these changes to deliver innovative solutions. But with this transformation comes a fundamental shift in the nature of work-new skills, new employment models, and new challenges. As business leaders, we must plan ahead, adopt early, and ensure that ‘decent work’ remains central to every decision we make,” said the Business Eswatini President.