PRIME Minister (PM) Russell Mmiso Dlamini has praised Inyatsi Group for its contribution to the country’s economy through diversified investments.
He said the group had employed thousands of Emaswati across multiple sectors and stood out as the leading tax-compliant contributor in the construction industry, having paid more than E1 billion in taxes and dividends to the state.
This contribution, he said, underscored the group’s strategic importance to the country’s economic stability and development agenda.
The premier recognised the conglomerate during the Inyatsi Leadership Forum held at the Royal Villas in Ezulwini yesterday. The forum was held under the theme ‘Super Results: Designing the Future, Leading with Clarity, Executing with Precision.’
He described the Inyatsi Group as a genuine partner in national development and a model for Emaswati-owned enterprises aspiring to compete on the global stage.
Dlamini commended the group for its sustained growth, diversified investments and significant role in job creation.
Reflecting on the group’s remarkable expansion over the past decade, Dlamini attributed its success to visionary leadership and resilience. He acknowledged that Inyatsi’s growth had attracted criticism from some quarters, particularly regarding its acquisition of major businesses, but firmly defended the company’s ambitions.
“I have always responded by saying, ‘If not Inyatsi, then who?’” he said, adding that Eswatini operated in a free market and that bold, capable local enterprises should be encouraged to grow.
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Further, the PM said the timing of the forum was particularly opportune, coming at the beginning of the year, as it allowed him to share His Majesty King Mswati III’s vision as outlined in the Nkwe Programme of Action for 2025–2028 and the Grand Plan for National Transformation.
He emphasised that strong private sector players such as Inyatsi are critical to the successful implementation of these national frameworks.
From a government perspective, Dlamini stressed the importance of nurturing Emaswati-owned businesses into transnational companies, either independently or in partnership with the state. He said Inyatsi Group was at the forefront of this national objective and represented the kind of enterprise the country needed to see more of.
Additionally, he reiterated that one of the priorities identified in government’s policy statement at the beginning of its term was a shift in mindset among the public, rooted in patriotism, confidence and the willingness to think big.
He said building large, competitive enterprises was essential for the country to succeed beyond its borders.
He concluded by assuring Inyatsi Group of government’s full support, stating that the state is committed to supporting local businesses to expand without hesitation.
“While our economy may be small, the opportunities before us are vast. What is required is that we build strong businesses locally, while setting our sights on Africa and the world,” the prime minister said.
