Likweti is the SiSwati word for morning star, which symbolises new beginnings. Being a private reserve that incorporates a working macadamia farm, Likweti is truly pioneering a new lifestyle. The greater Likweti, a 2000-hectare property, has a history spanning almost 90 years. Previous farming operations included blue-gum trees, a dairy farm, and tobacco production. In 2000, smaller farms were fenced off to allow the re-introduction of indigenous game species. Environmental Authorization for development was received in 2007 and Township Establishment was approved in 2009. In 2013, the consortium of shareholders completed all bulk services including roads, electricity and water to Phase 1. The shareholders’ continued investment in the farm – such as the macadamia orchards – attests to their commitment to making this a fruitful long term investment for property owners.
Likweti Holdings PTY Ltd. is made up of a consortium of the following shareholders:
Two Ships Trading 137 (Pty) Ltd: This BEE property company was formed in 2005 with a core business of property investment and development in industrial, commercial and residential areas.
Laeveldtrust 2001 (Pty) Ltd: The oldest of the shareholders, it was founded in 1958, with a strong focus on local investment and local talent. Over the years, the property portfolio has expanded into retail, commercial, industrial and residential developments in the greater Lowveld area.
The Visagie Group of Companies: Established in the Lowveld in 1969, predominantly as a farming operation. Today the family-owned Group’s portfolio includes retail, commercial, residential and tourism properties, and the original farming portfolio has grown to include citrus, cucumbers and tomatoes.