VICTOR GAMEDZE’S BUSINESS EMPIRE UNPACKED

MBABANE – He was not called a shrewd businessman for nothing. Neither was assassinated businessman Victor Gamedze a wannabe entrepreneur. He was a real time business mogul.

The gunned down Gamedze had businesses, most of which it was not publicly known belonged to him, in nearly every key sector of Swaziland’s economy.
The Times SUNDAY has been able to get information on almost eight companies in which Gamedze was either the sole owner or a co-director.

One such company is Swayz Marketing (Proprietary) Limited, which Gamedze co-owned with Michelo Shakantu. They both held an equal stake of 500 shares in the company, which was incorporated in terms of the Swaziland Companies Act on September 22, 2017.
The company’s core objectives entails carrying on the business of merchandise including but not limited to the distribution of cellular phones and any other gadgets related thereto.

Both Gamedze and Shakantu are co-founders and shareholders of Swaziland’s second mobile telecommunications operator, Swazi Mobile.
Swayz Marketing also carries on the business of managing and enhancing the business of other companies, providing marketing strategies and advises in business development.

The company’s other objective is to purchase, develop, sell, lease, lease to and/or in exchange or otherwise acquire lands, farms, estates, ranches, buildings, lots and any movable or immovable property and any interest therein and rights over the same within Swaziland or elsewhere. Another objective is to do business as may be necessary or incidental to the attainment of the objects of the company.

Serjeant Investments is another company in which Gamedze is owner and co-director with one Lomkhosi Gcinile Yvonne Dlamini.
Serjeant Investments is reportedly the company that owns the state-of-the-art glass house building that houses Swazi Mobile inside the capital city’s main street – Gwamile.

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