Prominent businessman to scale the business’s impact and increase market share
Johannesburg November 15th 2022: BSG, (Business Systems Group), the 25-year old South African business and technology consulting company that has an admirable track record today announced that prominent businessman Mteto Nyati has taken a significant stake in the business.
Now owning 40% of BSG, Nyati will work closely with the BSG Executive Team to scale BSG’s impact and grow market share. Nyati has also been announced as the company’s new Executive Chairman, taking over from founder Greg Reis.
“BSG has a proud history in making a difference in South Africa over the past 25 years, and has built a formidable business across financial services, energy, healthcare, retail and consumer goods sectors. We are known for transforming business operations through insights discovery and technology-enabled business change. While we have steadily grown year-on-year, now is the time to take BSG to the next level. Mteto has come onboard at the right time to guide us strategically as we scale locally and internationally to increase our presence,” explains Reis.
To date BSG has built a solid foundation in the local market as well as in the UK. It proudly helps leading brands in financial services and healthcare sectors solve business problems and drive lasting change. Some of its clients have been with the business since 1997.
“We are distinctive in our ability to get the job done, working with our clients’ people to execute, while sharing our long-term knowledge and expertise. We also look to align with these businesses because shared values and trust result in decade-long lasting relationships,” says Reis.
Combined with the opportunity to propel BSG forward and increase its market share across territories, BSG’s strong business values resonated with Nyati.
“Throughout my career I have upheld a set of key values which are essential in any relationship I enter into. These values are honesty and integrity, excellence, fairness, and family. BSGers live these values every day. This is among the reasons why I have chosen to take a sizable stake in the business and to allow it to grow across new sectors and markets,” says Nyati.
On taking a stake in BSG, Nyati says that he is at a stage in his life where he wants to leave a legacy. “I wanted to invest in a business that is concerned with more than just profits, a business that cares, a business that is making a difference and a business that is bringing about positive change in society. BSG ticks all these boxes.”
Nyati brings with him extensive experience, having held leadership positions in both local and global multinational companies.