has become the latest strategic partner to the MIC, a 100% black-owned investment company established in 1995 by the Mineworkers Investment Trust, focused on empowering high-growth potential and innovative businesses.
Through connecting its network of small-scale partner farmers to online investors, the business model allows farmers who cannot afford to scale their business to access capital, while offering the investor an opportunity to invest in these assets, which are not influenced by financial market trends. “Farming is one of the oldest pillars of generational wealth. We understand this at Livestock Wealth and created a platform to make investment in farming accessible to anyone, anywhere. MIC’s investment in our company will allow us to scale our technology offering and prepare for growth beyond South Africa,” he says.to establish a presence in the Southern African Development Community region in the near future, after growing its asset valuation to become a R100 million business.
“Inventions and innovations are the engines that power the economy. Livestock Wealth is one such entity, with innovation at its heart. It is the perfect example of the kind of companies we continue to seek to establish mutually-beneficial partnerships with,” says MIC CIO Nchaupe Khaole.
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