INYATSI CONTRIBUTES E1 BILLION IN TAXES, DIVIDENDS TO ESWATINI’S ECONOMY

News

By Mbono Mdluli

EZULWINI – Inyatsi Group has been recognised as one of Eswatini’s most outstanding corporate contributors to national development, having paid over E1 billion in taxes and dividends into the country’s economy, firmly cementing its position as a leading tax-compliant entity in the construction sector.

The Group received high praise from Prime Minister Russell Mmiso Dlamini on Wednesday, 14 January 2026, during the Inyatsi Leadership Forum held at Royal Villas in Ezulwini. The annual forum brought together members of the Inyatsi Group Board, management and staff, including representatives from the Group’s various subsidiary companies.

The Prime Minister was accompanied by several Cabinet ministers, reflecting government’s strong support for the private sector. Among them were Dr Tambo Gina, Minister for Economic Planning and Development; Pholile Shakantu, Minister for Foreign Affairs and International Cooperation; Manqoba Khumalo, Minister for Commerce, Industry and Trade; and Neal Rijkenberg, Minister for Finance.

Addressing the forum, the Prime Minister expressed appreciation to Inyatsi Group for the invitation and described the timing of the engagement as particularly fitting, coming at the beginning of a new year. He said the occasion provided a valuable platform to share His Majesty King Mswati III’s vision, as outlined in the Nkwe Programme of Action 2025–2028 and the Grand Plan for National Transformation.

He commended Inyatsi Group for its culture of reflection and forward planning, noting that it was prudent and commendable for organisations to assess challenges honestly and proactively position themselves for future growth. The Prime Minister highlighted Inyatsi’s diversified investments across multiple sectors, stating that government fully recognises the Group’s immense contribution to the economy.

“Inyatsi Group’s record of employing thousands of emaSwati, combined with its distinction as the leading tax-compliant contributor in the construction sector, underscores its role as a genuine partner in national development,” said the Prime Minister.

He attributed the Group’s remarkable growth over the past decade to visionary leadership, resilience and bold decision-making. While acknowledging that such success sometimes attracts scepticism, The Prime Minister defended the Group’s continued expansion, stating that Eswatini needs more local companies capable of competing at regional and global levels.

“If not Inyatsi, then who?” he remarked, emphasising that the country operates in a free market where ambition and innovation should be encouraged. From government’s strategic perspective, he said it was essential to see more emaSwati-owned businesses grow into transnational companies, either independently or in partnership with the state.

The Prime Minister further reiterated that a key priority of the current administration is changing the national mindset, beginning with patriotism expressed through supporting local enterprises and thinking boldly. He stressed that building large, competitive companies was vital for sustainable economic growth.

“We are pleased with the growth of Inyatsi Group. We want to see it grow even bigger, and government stands ready to support it without hesitation,” he said.

Dlamini concluded by affirming government’s commitment to supporting emaSwati-owned businesses, noting that while Eswatini’s economy may be small, the opportunities ahead are vast if strong local enterprises continue to emerge and expand into Africa and beyond.