- Seo Mthethwa was once an eggs packer at egg producer Nulaid
- When Nulaid was up for sale, he teamed up with 4 other employees to buy it
- Today, he's the majority shareholder of the company, which he rebranded to Nu Dawn Eggs
A 57-year-old entrepreneur in Winterton, KwaZulu-Natal, went from being an eggs packer to owner of a substantial business enterprise.
Seo Mthethwa is the majority shareholder of Nu Dawn Eggs, GCIS Vuk'uzunzele reports. The company was previously known as Nulaid and was a division of Pioneer Foods.
Mthethwa started off at the company as an eggs packer before being promoted to manager, Briefly.co.za learned.
Pioneer Foods put up the business for sale to its employees in 2001. Mthethwa teamed up with four of his colleagues to grab the opportunity.
They initially supplied eggs exclusively to Pioneer Foods. In 2008, they opted to supply directly to the market under the Nu Dawn Eggs brand.
A number of shareholders opted out of the business, leaving Mthethwa as the majority shareholder and Philani Dlamini as the minority owner.
The company supplies eggs to retailers in KZN, Eastern Cape, and other areas. It employs over 140 people. Mthethwa also serves as president of the KwaZulu-Natal Poultry Institute.
The inspirational entrepreneur credited his success to the mentorship he received from other farmers.
He urged the youth to take up agricultural studies because of the many opportunities in the sector.
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