About Tropical Mushrooms
Peter Nyathi has over 15 years experience in the mushroom industry, he hold a BSc (Honours) in Agricultural Economics, and a Marketing Management Diploma from IMM SA. Peter dreamt of setting up his own mushroom farm after gaining practical experience and struggled (for three years) to secure the financing before teaming up with ABSA’s RIT (Absa Banking Services in July 1999.
- 2009 Emerging Farmer of the Year- Gautng ; and national finalist:- Agricultural Writers SA.
- 2007 Entrepreneur of the Year :- Absa Banking Services, Incubator Fund.
- 2005 Business Owner of the Year: 1st Runner-up and winner for the month of May :- Sanlam 3 Talk.
- 2003 Africa SMME award for Agriculture :- Africa Centre for Investment Analysis (ACIA), Stellenbosch University.
Tropical Mushrooms (Pty) Ltd. commenced operations in August 1999 as an independent privately owned mushroom producer. The company is the “brain child” of its founder and managing director, Peter Nyathi, in partnership with Absa’s Resource Initiative Trust, later taken over by Absa Banking Services (Incubator Fund) that provided the initial financial support.
TEST (Tropical Mushrooms (Pty) Ltd Employees’ Shareholder Trust) was later formed and acquired 18% funded by Dept. of Land Affairs (through LRAD grants) .
The production facility is located on an 18.9 hectare farm property situated in Gauteng Province, and just north of the R24 Magaliesburg - Rustenburg main road.