By EDN Reporter
AFRICA’S leading integrated business partner, Inyatsi Group continues its surge of trailblazing and making significant contributions to economies.
With a footprint in 11 countries on the African continent, the group is still maintaining a strong presence in its home country of Eswatini. The group, under the stewardship of Executive Chairman, Michelo Shakantu, is on an aggressive expansion path with numerous acquisitions in the pipeline.
The chair says the only way for the organisation to continue growing and keeping up with His Majesty King Mswati III’s vision of turning Eswatini into a first-world country, it has to spread its wings into different sectors.
“In so doing, we also contribute to the upliftment of our people and play an impactful role in the economy. We want to be part and parcel of shaping the country, contributing to the infrastructure development and playing our part in reducing unemployment,” the Chairman said.
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With over 40 years in business, the Inyatsi Group has been at the centre of the development of Eswatini and even played a critical part in the foundations as well as the roads that have turned the country into a metropolis that many marvel at.
Having started in construction, the group now has a footing in mining, telecoms, insurance, media, health and real estate just to mention a few. The group’s growth has also seen it contributing billions of Emalengini into Eswatini’s economy.
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Investment Cluster CEO, Paul Lwiindi adds that the vision of the group necessitates that it has a presence in all sectors. Lwiindi indicated that the group has ventured into retail with its latest acquisition, Eswatini Meat Industries (EMI).
“We are continuously looking at opportunities that lie out there and are aligned with what we do. The acquisition of Eswatini Meat Industries is exactly that and will afford us the opportunity to reach new markets,” he said.
The group’s track record of being able to turn around entities and make them super-performing organisations will see EMI become a global player while providing local farmers with a platform to sell their livestock at competitive prices and exporting quality products to tables around the world.
