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What is Sibonelo Savings and Credit Co-Operative Society Ltd.?

Sibonelo is a member – owned savings and credit co-operative society for the people employed in any Government Ministry, Agricultural parastatals, Co-operative movement employees and their spouses. The bond is now open to Private sector upon arrangement. Sibonelo SACCO was established to enable members to save and borrow money at competitive interest rates for provident and productive purposes.  Sibonelo was established in 1984 with an initial membership of 20.
Evergrowing Membership
Designed With You In Mind
Professional Team
Result Based Memberships
About Sibonelo Savings & Credit Co-Operative Society

Our Vision

To be the excellent and innovative SACCO in the SADC
region

Our Mission

To empower our members socially and economically through provision of exceptional financial products and services at competitive rates.
Cut The Chain Of Poverty

Our Objectives

To encourage among its members the spirit and practice of thrift, mutual help and self in accordance with co-operative principles.
To enhance the mobilization of personal savings to increase domestic capital formation.
To facilitate the creation of funds to be loaned to members for productive and provident purposes at competitive interest rates.
To meet the members needs by offering a variety of financial services.
To develop and maintain within the membership and the public environment for promoting savings and credit societies as tools for personal, family and community economic growth.
To provide Loan Protection Insurance Services for their members.

EXECUTIVE COMMITTEE

Fakazi Mngometulu

Fakazi Mngometulu

Chairperson

Ndabenhle Dlamini

Ndabenhle Dlamini

Vice Chairperson

Grace Dludlu

Grace Dludlu

Secretary

Sabelo Shabangu

Sabelo Shabangu

Treasurer

CREDIT COMMITTEE

Celumusa Gumedze

Celumusa Gumedze

Chairperson

Elias Dlamini

Elias Dlamini

Secretary

Friday Mhlanga

Friday Mhlanga

Member

EDUCATION COMMITTEE

Girlie Nhlabatsi-Dlamini

Girlie Nhlabatsi-Dlamini

Education Committee Chairman

Celumusa Dube

Celumusa Dube

Secretary

Nkosikhona Dlamini

Nkosikhona Dlamini

Member

SUPERVISORY COMMITTEE

Nonhlanhla Ndlandla

Nonhlanhla Ndlandla

Chairperson

Nosipho Malaza

Nosipho Malaza

Secretary

Sizwe Mthethwa

Sizwe Mthethwa

Member

MEET THE TEAM

Sikhumbuzo Zondo

Sikhumbuzo Zondo

Manager

Nomcebo Khumalo

Nomcebo Khumalo

Finance & Admin Officer

Nelisiwe Ncube

Nelisiwe Ncube

Credit Supervisor

Nomfundo Mavuso

Nomfundo Mavuso

Member Support Officer

Zodwa Mabundza

Zodwa Mabundza

Accountant

Futhi Maseko

Futhi Maseko

Consultant

Lindeka Nene

Lindeka Nene

Consultant

Thula Mazibuko

Thula Mazibuko

Consultant

Lungile Dlamini

Lungile Dlamini

Consultant

Zinhle Shongwe

Zinhle Shongwe

Administration Assistant

Mvumeleni Mngometulu

Mvumeleni Mngometulu

Member Support Clerk

Sibongile Mkhonta

Sibongile Mkhonta

General Assistant

Become A Member Today

And Cut The Chain Of Poverty
Become A Member
[NOTICE] Our Upcoming AGM on 25th of October 2025 at Mavuso Trade Centre
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