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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Swazi Empowerment

SEL · Eswatini Stock Exchange · Company statements

On this page
Company details
Legal name
Swazi Empowerment Limited
Listing
SEL on the Eswatini Stock Exchange, active · ISIN SZE000331015 (observed 2026-10-06)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 March

Overview

Year ended 31 March 2026 · published summary of audited statements, final status not established · source

Read with these figures

  • Published summary of audited statements not confirmed as final. The published copy is not confirmed as the final version. The FY to 31 Mar 2026 figures come from it.
Full wording and sources

  • Published summary of audited statements for 2026: final status not established

    Published by the company through the Eswatini Stock Exchange, 'By order of the Board', M Mhlanga, Company Secretary (name typeset, no signature; PDF p1, page image). No auditor's report on the summary is printed and no approval or publication date is shown; the commentary states the full financial statements were audited by SNG Grant Thornton Chartered Accountants (Eswatini) (PDF p1).

    Source: Swazi Empowerment Limited Audited Results of the Year Ended 31 March 2026 (dated 2026-09-11)

  • 2026, 2025: figures from a published summary

    These columns come from a summary of the audited statements, not the full audited financial statements. The summary does not state its source. It is headed 'Audited results of the year ended 31 March 2026' and states 'The financial statements for the year ended 31 March 2026 have been audited by SNG Grant Thornton Chartered Accountants (Eswatini).' (p1) No auditor's report on the summary is printed; the summary states that 'The financial statements for the year ended 31 March 2026 have been audited by SNG Grant Thornton Chartered Accountants (Eswatini).' (PDF p1, commentary note 3). It does not state that the summary is extracted from them, nor the opinion given. Condensed statements of comprehensive income, changes in equity, financial position and cash flows, plus ratios (earnings, dividend per share and share price in cents), on one page. Cash flows are totals only (operating, investing, financing) with opening and closing cash; no net-change line; no current / non-current split of liabilities; no notes. Statement of changes in equity and the share price are not transcribed.

    Source: Swazi Empowerment Limited Audited Results of the Year Ended 31 March 2026 (dated 2026-09-11)

  • Published summary of audited statements for 2023: final status not established

    Press release published through the Eswatini Stock Exchange, 'By order of the Board', M Mhlanga, Company Secretary (name typeset, no signature; PDF p1, page image). No auditor's report on the summary is printed and no approval or publication date is shown; the commentary states the financial statements were audited by SNG Grant Thornton Chartered Accountants (Eswatini) (PDF p1).

    Source: Swazi Empowerment Limited Audited results of the year ended 31 March 2023 (undated)

  • 2023, 2022: figures from a published summary

    These columns come from a summary of the audited statements, not the full audited financial statements. The summary does not state its source. It is headed 'Audited results of the year ended 31 March 2023' and states 'The financial statements for the year ended 31 March 2023 have been audited by SNG Grant Thornton Chartered Accountants (Eswatini).' (p1) No auditor's report on the summary is printed; the summary states that 'The financial statements for the year ended 31 March 2023 have been audited by SNG Grant Thornton Chartered Accountants (Eswatini).' (PDF p1, commentary note 3). It does not state that the summary is extracted from them, nor the opinion given, and prints no date. Condensed statements of comprehensive income, changes in equity, financial position and cash flows, plus five-year ratios (earnings, dividend per share and share price in cents), on one page. Cash flows are totals only (operating, investing, financing) with opening and closing cash; no net-change line; no notes. Statement of changes in equity and the share price are not transcribed.

    Source: Swazi Empowerment Limited Audited results of the year ended 31 March 2023 (undated)

  • Revenue

    SZL 13.5 million

    13,528 SZL thousands · p1

    −60.8% vs 2025

  • Operating profit / (loss)

    SZL 10.5 million

    10,458 SZL thousands · p1

    −67.2% vs 2025

  • Profit / (loss) for the year

    SZL 4.84 million

    4,836 SZL thousands · p1

    −84.1% vs 2025

  • Total assets

    SZL 602 million

    602,190 SZL thousands · p1

    −2.4% vs 2025

  • Total equity

    SZL 511 million

    511,234 SZL thousands · p1

    −1.9% vs 2025

  • Cash from operations

    SZL 37.1 million

    37,060 SZL thousands · p1

    −11.6% vs 2025

Large amounts are rounded for reading (SZL million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in SZL thousands unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY to 31 Mar 2026 — published summary of audited statements (summary), final status not established; reported for the year · source
  • FY to 31 Mar 2025 — published summary of audited statements (summary), final status not established; comparative in the FY to 31 Mar 2026 filing · source
    • 2026, 2025: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. The summary does not state its source. It is headed 'Audited results of the year ended 31 March 2026' and states 'The financial statements for the year ended 31 March 2026 have been audited by SNG Grant Thornton Chartered Accountants (Eswatini).' (p1) No auditor's report on the summary is printed; the summary states that 'The financial statements for the year ended 31 March 2026 have been audited by SNG Grant Thornton Chartered Accountants (Eswatini).' (PDF p1, commentary note 3). It does not state that the summary is extracted from them, nor the opinion given. Condensed statements of comprehensive income, changes in equity, financial position and cash flows, plus ratios (earnings, dividend per share and share price in cents), on one page. Cash flows are totals only (operating, investing, financing) with opening and closing cash; no net-change line; no current / non-current split of liabilities; no notes. Statement of changes in equity and the share price are not transcribed.
  • FY to 31 Mar 2023 — published summary of audited statements (summary), final status not established; reported for the year · source
    • Published summary of audited statements for 2023: final status not established. Press release published through the Eswatini Stock Exchange, 'By order of the Board', M Mhlanga, Company Secretary (name typeset, no signature; PDF p1, page image). No auditor's report on the summary is printed and no approval or publication date is shown; the commentary states the financial statements were audited by SNG Grant Thornton Chartered Accountants (Eswatini) (PDF p1).
    • 2023, 2022: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. The summary does not state its source. It is headed 'Audited results of the year ended 31 March 2023' and states 'The financial statements for the year ended 31 March 2023 have been audited by SNG Grant Thornton Chartered Accountants (Eswatini).' (p1) No auditor's report on the summary is printed; the summary states that 'The financial statements for the year ended 31 March 2023 have been audited by SNG Grant Thornton Chartered Accountants (Eswatini).' (PDF p1, commentary note 3). It does not state that the summary is extracted from them, nor the opinion given, and prints no date. Condensed statements of comprehensive income, changes in equity, financial position and cash flows, plus five-year ratios (earnings, dividend per share and share price in cents), on one page. Cash flows are totals only (operating, investing, financing) with opening and closing cash; no net-change line; no notes. Statement of changes in equity and the share price are not transcribed.
  • FY to 31 Mar 2022 — published summary of audited statements (summary), final status not established; comparative in the FY to 31 Mar 2023 filing · source
    • Published summary of audited statements for 2023: final status not established. Press release published through the Eswatini Stock Exchange, 'By order of the Board', M Mhlanga, Company Secretary (name typeset, no signature; PDF p1, page image). No auditor's report on the summary is printed and no approval or publication date is shown; the commentary states the financial statements were audited by SNG Grant Thornton Chartered Accountants (Eswatini) (PDF p1).
    • 2023, 2022: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. The summary does not state its source. It is headed 'Audited results of the year ended 31 March 2023' and states 'The financial statements for the year ended 31 March 2023 have been audited by SNG Grant Thornton Chartered Accountants (Eswatini).' (p1) No auditor's report on the summary is printed; the summary states that 'The financial statements for the year ended 31 March 2023 have been audited by SNG Grant Thornton Chartered Accountants (Eswatini).' (PDF p1, commentary note 3). It does not state that the summary is extracted from them, nor the opinion given, and prints no date. Condensed statements of comprehensive income, changes in equity, financial position and cash flows, plus five-year ratios (earnings, dividend per share and share price in cents), on one page. Cash flows are totals only (operating, investing, financing) with opening and closing cash; no net-change line; no notes. Statement of changes in equity and the share price are not transcribed.

Income statement

Income statement, SZL thousands. Columns: FY to 31 Mar 2026 — published summary of audited statements (final status not established), as reported for the year; FY to 31 Mar 2025 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2026; FY to 31 Mar 2023 — published summary of audited statements (final status not established), as reported for the year; FY to 31 Mar 2022 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2023.
Line (as printed) FY to 31 Mar 2026Published summary of audited statements (summary)reported for the yearFY to 31 Mar 2025Published summary of audited statements (summary)comparative in FY to 31 Mar 2026 filingsource limitationsFY to 31 Mar 2023Published summary of audited statements (summary)reported for the yearsource limitationsFY to 31 Mar 2022Published summary of audited statements (summary)comparative in FY to 31 Mar 2023 filingsource limitations
REVENUE1 13,528 34,543 40,567 62,290
Administrative expenses (3,070) (2,660) (2,544) (1,993)
OPERATING PROFIT2 10,458 31,883 38,023 60,297
Finance income 6,532 11,069 10,409 11,827
Finance costs (9,789) (10,179) Not reported in this filing3 Not reported in this filing3
Share of loss of equity-accounted associate (1,497) –4 Not reported in this filing5 Not reported in this filing6
PROFIT BEFORE TAXATION7 5,704 32,773 48,432 72,124
Taxation (868) (2,312) (2,163) (2,713)
PROFIT FOR THE YEAR8 4,836 30,461 46,269 69,411
Other comprehensive income / (loss) 10,000 (163,203) 8,544 (11,182)
TOTAL COMPREHENSIVE (LOSS) /9 14,836 (132,742) 54,813 58,229
  1. Printed “-”, read as nil: subtotal_arithmetic: is.profit_before_tax.
Notes and alternative reported figures (8)
  1. Printed under different labels across filings: “REVENUE”; “Revenue”.
  2. Printed under different labels across filings: “OPERATING PROFIT”; “Operating profit”.
  3. Not reported in this filing: Not printed in the summary publication.
  4. Not reported in this filing: Not printed: the 2023 abridged statement of comprehensive income (p1) has no share-of-associates line; it runs from revenue and administrative expenses to operating profit, finance income and profit before taxation (checked on the page image).
  5. Not reported in this filing: Not printed: the 2023 abridged statement of comprehensive income (p1) has no share-of-associates line for 2022 (checked on the page image).
  6. Printed under different labels across filings: “PROFIT BEFORE TAXATION”; “Profit before taxation”.
  7. Printed under different labels across filings: “PROFIT FOR THE YEAR”; “Profit”.
  8. Printed under different labels across filings: “TOTAL COMPREHENSIVE (LOSS) /”; “Total comprehensive income”.

Balance sheet

Balance sheet, SZL thousands. Columns: FY to 31 Mar 2026 — published summary of audited statements (final status not established), as reported for the year; FY to 31 Mar 2025 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2026; FY to 31 Mar 2023 — published summary of audited statements (final status not established), as reported for the year; FY to 31 Mar 2022 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2023.
Line (as printed) FY to 31 Mar 2026Published summary of audited statements (summary)reported for the yearFY to 31 Mar 2025Published summary of audited statements (summary)comparative in FY to 31 Mar 2026 filingsource limitationsFY to 31 Mar 2023Published summary of audited statements (summary)reported for the yearsource limitationsFY to 31 Mar 2022Published summary of audited statements (summary)comparative in FY to 31 Mar 2023 filingsource limitations
NON-CURRENT ASSETS1 545,995 495,217 543,405 613,888
Investments2 506,275 495,217 543,373 613,836
Investment in equity-accounted investee 39,503 –3 Not reported in this filing4 Not reported in this filing5
Equipment 217 –3 32 52
CURRENT ASSETS6 56,195 121,906 122,859 52,401
Trade and other receivables 142 20,777 24,191 9
Short term investments and loans7 44,152 44,974 84,569 4,536
Taxation prepaid 1,147 –8 Not reported in this filing9 Not reported in this filing10
Cash and cash equivalents 10,754 56,155 14,099 47,856
TOTAL ASSETS11 602,190 617,123 666,264 666,289
EQUITY12 511,234 521,373 664,691 664,453
Ordinary shareholders funds 511,234 521,373 664,691 664,453
LIABILITIES 90,956 95,750 Not reported in this filing13 Not reported in this filing13
Loans and borrowings 88,087 94,538 Not reported in this filing14 Not reported in this filing15
Trade and other payables 2,869 889 899 394
Current tax liability –16 323 674 1,442
TOTAL EQUITY AND LIABILITIES17 602,190 617,123 666,264 666,289
Current liabilities Not reported in this filing13 Not reported in this filing13 1,573 1,836
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_assets.
  2. Printed “-”, read as nil: subtotal_arithmetic: bs.current_assets.
  3. Printed “-”, read as nil: subtotal_arithmetic: bs.total_liabilities.
Notes and alternative reported figures (14)
  1. Printed under different labels across filings: “NON-CURRENT ASSETS”; “Non-current assets”.
  2. “Investments” is an issuer-specific line, not mapped to a shared definition: Non-current investments: per the commentary, equity stakes (Swazi MTN 19%, FNB Eswatini 4.92%, SBS Bank 1.8%) and bonds (SML 1204, FIN515); no measurement basis printed.
  3. Not reported in this filing: Not printed: the 2023 abridged statement of financial position (p1) prints one 'Investments' line (543 373); no investments-in-associates line (checked on the page image).
  4. Not reported in this filing: Not printed: the 2023 abridged statement of financial position (p1) prints one 'Investments' line (613 836 for 2022); no investments-in-associates line (checked on the page image).
  5. Printed under different labels across filings: “CURRENT ASSETS”; “Current assets”.
  6. “Short term investments and loans” is an issuer-specific line, not mapped to a shared definition: Current: money-market type investments and loans, one line.
  7. Not reported in this filing: Not printed: the 2023 abridged statement of financial position (p1) shows a current tax liability (674) and no current tax receivable (checked on the page image).
  8. Not reported in this filing: Not printed: the 2023 abridged statement of financial position (p1) shows a current tax liability (1 442 for 2022) and no current tax receivable (checked on the page image).
  9. Printed under different labels across filings: “TOTAL ASSETS”; “Total assets”.
  10. Printed under different labels across filings: “EQUITY”; “Equity”.
  11. Not reported in this filing: Not printed in the summary publication.
  12. Not reported in this filing: Not printed: the 2023 abridged statement of financial position (p1) has no borrowings; liabilities are trade and other payables and current tax (checked on the page image).
  13. Not reported in this filing: Not printed: the 2023 abridged statement of financial position (p1) has no borrowings for 2022 (checked on the page image).
  14. Printed under different labels across filings: “TOTAL EQUITY AND LIABILITIES”; “Total equity and liabilities”.

Cash flow

Cash flow, SZL thousands. Columns: FY to 31 Mar 2026 — published summary of audited statements (final status not established), as reported for the year; FY to 31 Mar 2025 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2026; FY to 31 Mar 2023 — published summary of audited statements (final status not established), as reported for the year; FY to 31 Mar 2022 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2023.
Line (as printed) FY to 31 Mar 2026Published summary of audited statements (summary)reported for the yearFY to 31 Mar 2025Published summary of audited statements (summary)comparative in FY to 31 Mar 2026 filingsource limitationsFY to 31 Mar 2023Published summary of audited statements (summary)reported for the yearsource limitationsFY to 31 Mar 2022Published summary of audited statements (summary)comparative in FY to 31 Mar 2023 filingsource limitations
Cash at beginning of year 56,155 58,050 47,856 51,982
Cash from operating activities 37,060 41,911 20,832 70,814
Cash used in investing activities (41,245) –1 (14) (15,000)
Cash used in financing activities (41,216) (43,806) (54,575) (59,940)
CASH AT END OF YEAR2 10,754 56,155 14,099 47,856
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.net_change_in_cash.
Notes and alternative reported figures (1)
  1. Printed under different labels across filings: “CASH AT END OF YEAR”; “Cash at end of year”.

Per share and shares

Per share and shares. Columns: FY to 31 Mar 2026 — published summary of audited statements (final status not established), as reported for the year; FY to 31 Mar 2025 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2026; FY to 31 Mar 2023 — published summary of audited statements (final status not established), as reported for the year; FY to 31 Mar 2022 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2023.
Line (as printed) FY to 31 Mar 2026Published summary of audited statements (summary)reported for the yearFY to 31 Mar 2025Published summary of audited statements (summary)comparative in FY to 31 Mar 2026 filingsource limitationsFY to 31 Mar 2023Published summary of audited statements (summary)reported for the yearsource limitationsFY to 31 Mar 2022Published summary of audited statements (summary)comparative in FY to 31 Mar 2023 filingsource limitations
Earnings / (loss) per share (per share)61 0.262 1.653 2.504 3.755
  1. Printed as 26 cents; value converted to SZL at 100 cents = 1 SZL.
  2. Printed as 165 cents; value converted to SZL at 100 cents = 1 SZL.
  3. Printed as 250 cents; value converted to SZL at 100 cents = 1 SZL.
  4. Printed as 375 cents; value converted to SZL at 100 cents = 1 SZL.
Notes and alternative reported figures (2)
  1. “Earnings per share (cents)”: mapping to a shared definition is uncertain. Printed 'Earnings per share (cents)' without saying basic or diluted.
  2. Earnings / (loss) per share: printed as “Earnings per share (cents)”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

No dividend statement or amount collected.

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • Swazi Empowerment Limited Audited Results of the Year Ended 31 March 2026

    Year ended 31 March 2026 · Published summary of audited statements (summary) · final status not established

    Audit: SNG Grant Thornton Chartered Accountants (Eswatini) (named); no auditor's opinion on the full statements in this document

    Final status: Published by the company through the Eswatini Stock Exchange, 'By order of the Board', M Mhlanga, Company Secretary (name typeset, no signature; PDF p1, page image). No auditor's report on the summary is printed and no approval or publication date is shown; the commentary states the full financial statements were audited by SNG Grant Thornton Chartered Accountants (Eswatini) (PDF p1).

    Document date
    none printed — undated
    Published
    11 Sep 2026
    Auditor's report
    date not recorded
    Board approval
    date not recorded
    Retrieved by us
    6 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 31 Mar 2026, FY to 31 Mar 2025
    Basis
    company statements · SZL thousands (printed “Figures in Emalangeni (E'000)”)
    • Dashes (nil) printed for 2025 share of loss of associate, investment in equity-accounted investee, equipment, taxation prepaid and cash used in investing, and for 2026 current tax liability. Earnings and dividend per share are printed in cents and stored in emalangeni with the printed unit.
    • No auditor's report on the summary is printed; the summary states that 'The financial statements for the year ended 31 March 2026 have been audited by SNG Grant Thornton Chartered Accountants (Eswatini).' (PDF p1, commentary note 3). It does not state that the summary is extracted from them, nor the opinion given.
    • Condensed statements of comprehensive income, changes in equity, financial position and cash flows, plus ratios (earnings, dividend per share and share price in cents), on one page. Cash flows are totals only (operating, investing, financing) with opening and closing cash; no net-change line; no current / non-current split of liabilities; no notes. Statement of changes in equity and the share price are not transcribed.
    Technical details
    File
    1 pages, with a text layer
    SHA-256
    de94f45e5604ed26be949fe9ec394ea8a5535462da694612313dc5b982f8ae63
    Entity as printed
    Swazi Empowerment Limited (Company Registration No. 421 of 1998)
    Exchange copy
    retrieved 2026-10-06T21:47:30Z

  • Swazi Empowerment Limited Audited results of the year ended 31 March 2023

    Year ended 31 March 2023 · Published summary of audited statements (summary) · final status not established

    Audit: SNG Grant Thornton Chartered Accountants (Eswatini) (named); no auditor's opinion on the full statements in this document

    Final status: Press release published through the Eswatini Stock Exchange, 'By order of the Board', M Mhlanga, Company Secretary (name typeset, no signature; PDF p1, page image). No auditor's report on the summary is printed and no approval or publication date is shown; the commentary states the financial statements were audited by SNG Grant Thornton Chartered Accountants (Eswatini) (PDF p1).

    Document date
    none printed — undated
    Auditor's report
    date not recorded
    Board approval
    date not recorded
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 31 Mar 2023, FY to 31 Mar 2022
    Basis
    company statements · SZL thousands (printed “E'000”)
    • Earnings and dividend per share are printed in cents in a five-year table (2023 to 2019); the 2023 and 2022 columns are read and stored in emalangeni with the printed unit.
    • No auditor's report on the summary is printed; the summary states that 'The financial statements for the year ended 31 March 2023 have been audited by SNG Grant Thornton Chartered Accountants (Eswatini).' (PDF p1, commentary note 3). It does not state that the summary is extracted from them, nor the opinion given, and prints no date.
    • Condensed statements of comprehensive income, changes in equity, financial position and cash flows, plus five-year ratios (earnings, dividend per share and share price in cents), on one page. Cash flows are totals only (operating, investing, financing) with opening and closing cash; no net-change line; no notes. Statement of changes in equity and the share price are not transcribed.
    Technical details
    File
    1 pages, with a text layer
    SHA-256
    b8a4b8268fd9d851661b6d911b0f6bd74d9bb45465b48558f7f1508cb929f82d
    Entity as printed
    Swazi Empowerment Limited (Company Registration No. 421 of 1998)
    Exchange copy
    retrieved 2026-10-08T18:04:41Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

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