Home | News | MD's death robs SwaziBank

MD's death robs SwaziBank

Font size: Decrease font Enlarge font
image

 

 

MOTSHANE – Swazi Bank Managing Director Stanley Matsebula has died.

Matsebula yesterday succumbed to death while admitted to a South African Hospital.

He was first admitted to the Mbabane Clinic after he suffered from a heart attack over three weeks ago and was later airlifted to Milpark Hospital and eventually to Netcare Rehabilitation Centre in Auckland Park.

His demise came a day after the hospital’s medical team had barred visitors from checking on him. The message was conveyed by Chairman of the SwaziBank Board of Directors Noah Nkambule on behalf of the Matsebula family.

The ban, it was said, was aimed at giving the MD time to respond to treatment by according him ample resting periods as opposed to talking to visitors.

When called last night, Nkambule referred questions to the family. "Please deal with the family, I am very disturbed," he said. Matsebula’s employees learnt about his death from the social networks. Two of the women, one who works at Stan’s Lodge and the other at his home as a maid had still not received a formal report about the death of their boss by 9:30pm last night.

When Swazi News journalists arrived at Matsebula’s homestead at Ekupheleni, the guard said he was not aware of his demise.

He said they were only expecting his wife today since she had earlier called to inform them that she would be coming back. However, by last night she had still not arrived. "I am beginning to have chills and I just pray this is not true," he said as he led the journalists to the homestead situated above the lodge," he said.

Along the way he started recounting how Matsebula had meant everything to him as he treated him like his own child. "Abengiko konkhe kimi phela babe Matsebula", which translates to "Mr Matsebula was my everything to me."

The guard employed by Guard Alert Security also narrated how Matsebula built a kitchen for orphaned and vulnerable children in the area. Efforts to get official comment from close family members proved futile as the deceased’s wife did not respond to calls. A text message was also sent to her mobile number last night. Chairman of the Swaziland Bankers Association, Tim Nhleko said it was still too early to discuss the matter.

"We need to respect this incident and treat it with dignity. It is just too soon for us to say anything because we have not even met with the Matse-bula family. This happened only a few hours ago, please give us time," he pleaded.

SwaziBank Public Relations Officer, Phesheya Vilakati al-so declined to comment.

Football fraternity tongue-tied

MBABANE – The deathof SwaziBank Managing Director Stan-ley Matsebula yesterday evening has left the football fraternity tongue-tied.

Matsebula whose relationship with football in the country dates back to 2004 when he masterminded the launch of the biggest ever national competition, the SwaziBank Cup and he was a member of the tourna-ment’s three member Board of Trustees.

The other two members are FA President Adam ‘Bomber’ Mthethwa and PLS Chairman Victor Gamedze. He was airlifted to South Africa early last month for treatment after falling sick.

His death has left both his colleagues at the tourna-ment’s Board of Trustees tongue-tied.

The man who is credited for orchestrating the massive restructuring of the indigenous financial institution has always hailed the annual national knockout competition as having pla-yed a key role in reviving the bank.

Last night National Football Association of Swaziland President (NFAS) Adam ‘Bo-mber’ Mthethwa was shocked by the news of Matsebula’s demise.

"I am just tongue-tied as I am just hearing everything from you. If it is true I can only send our condolences to his family and the bank. We have come a long way together in football through the SwaziBank Cup, but we hope to issue a detailed statement once we have been officially informed," he said.

Premier Lea-gue of Swazi-land (PLS) Cha-irman Victor Gamedze said he was too shocked to comment, and said the organisation would also issue an official statement once they have been properly notified.

"I beg not to say anything now as it is still fresh. Allow us to say something later once we have been informed," he said.

The deceased will always be remembered for having chosen to sponsor football at a time when sponsors were shying away from the sport following instability at the sport’s administration level.

In one of his many interviews with this publication, he mentioned how difficult it was for him to convince his superiors at the bank about sponsoring football then.

However, he tried his best to win them over and it was to be one of the best decisions the bank had ever taken.

"The idea was conceived and a new ‘baby’ was born (who says mid-wifery is for women only?) with the first tournament staged in 2004 with a sponsorship of E500 000."

And the irony is that reigning champions Green Mamba became the first winners of the competition winning 5-1 against Denver Sundowns now called Manzini Sundowns.

The past nine editions of the competition have thrilled the soul for many football supporters, to such an extent that the competition evolved into a national event attended by the highest authorities in the land.

In 2009, the entire royal household cascaded to Somhlolo National Stadium to join a record 18 000 crowd that witnessed Mbabane Highlanders beating their rivals Manzini Wanderers 2-1 in the final.

Since then, the tournament’s cup finals have been an important event in the country’s calendar.

His death came about three weeks before the commencement of the 10th edition of the competition whose kick-off was slated for the weekend of February 1.

A great man has been lost

MBABANE – Government has mourned Stanley Matsebula’s death.

Government Spokesperson, Percy Simelane said a great man with valuable experience had been lost.

Simelane when called said he had not been informed that he had died.

He narrated how Matsebula was a prolific writer and was able to identify talent.

"When I first met him he had written a play and had requested that I feature in it. But to cut a long story short, he changed the face of the banking industry in the country as he created competition, making it to become vibrant.

"Our condolences go to the family. Matsebula will be dearly missed by all," said Simelane.

 


COMMENTS:

- goodbye Matsebula rest in peace we will sea each other on heaven
January 12, 2013, 5:00 pm, samkeliso v sacolo

- May his soul rest in peace.
January 12, 2013, 5:00 pm, B Tsela

- A giant has fallen. May God Almighty comfort the Matsebula family. Stanley was a beacon of success and hardwork as he turned around the fortunes if the Bank. We will miss him and the vision he had in having a nation united by soccer.
January 12, 2013, 5:00 pm, swazi

- We have lost a true son of the soil, a man of integrity whose professionalism impacted not only the banking industry but the entire Swazi nation. He was a rare gem indeed. My condolences to the Matsebula family, may his soul rest in eternal peace.
January 12, 2013, 5:00 pm, lydia

 

 

 

 

Post your comment comment

Please enter the code you see in the image: