Chairman: Michelo Shakantu

Michelo Shakantu

Chairman at Inyatsi Group Holdings (Pty) Ltd
Mbabane, Hhohho Region, Eswatini

Summary

Michelo Shakantu is a Shareholder and Executive Chairman of the Inyatsi Group, which operates in 9 African countries, with a workforce of over 6,000. Owing to his entrepreneurial and innovative drive, his business interests span across a range of key strategic sectors via the following companies:

Inyatsi Construction: A USD 200 million company that has delivered projects throughout the infrastructure spectrum; from water treatment plants to reservoirs, dams, pipelines, and canals; sub- stations and solar PV plants; highways and byways; bridges; mining infrastructure (access roads, civil works, housing, and tailings dams); quarrying and crushing; as well as township developments.

Construction Associates (CA): Specialises in vertical construction delivered building projects around the kingdom. CA’s completed project portfolio includes a variety of commercial structures such as multi-storey office blocks, factories, shopping complexes and hospitals. CA is involved in two of Eswatini’s flagship building projects – the International Convention Centre (ICC) and FiveStar Hotel (FISH) in Ezulwini with a combined value of over  USD200million.

Infracast: A leading expert manufacturer of high-quality precast  products that has contributed to infrastructure developments within Eswatini and beyond. Its factories, which are all SABS approved, adhere to stringent quality standards in the production of a range of precast products.

Eswatini Mobile: The second mobile operator in Eswatini with a subscriber base of 300 000. It offers 4G LTE, data services, mobile voice, fixed 3G and 4G, payments, roaming and interconnect services, and Wi-Fi Services.

Maloma Colliery: The largest anthracite coal mine in Africa. Anthracite coal is primarily utilized in the steel and metallurgical industries.

The Clinic Group: The largest provider of private healthcare services in Eswatini. It encompasses a range of exclusive specialisations which have positioned it as the foremost health institution in the Kingdom.

Lidwala Insurance: The second largest short-term insurer in Eswatini. It is an innovative, alternative risk solution provider that boasts of being the only insurance company in Eswatini to be awarded the prestigious GCR credit rating, having obtained a merit grading of A+.

He is a sought-after and renowned business leader with 2 decades of high-level executive corporate experience gained from overseeing key operations of some of the most formidable global brands and African companies including:

  • McDonald’s
  • Southern Sun
  • Premier Bakeries
  • Lever Brothers

Experience

Inyatsi Group Holdings (Pty) Ltd

Chairman

Education

London School of Business

Bachelor of Science – BS, Actuarial Science