Global Citizen Partner Harith shares a vision for a greener Africa at the Global Citizen Festival in Accra
During the 2022 Global Citizen Festival that took place in Accra, Ghana, GC’s investment partner Harith announced that it has officially joined the United Nations framework convention on climate change’s race to net zero. Over the next two years, Harith will work closely with GC to develop near-term and long-term climate change targets. Harith CEO Sipho Makhubela and founder, group executive director, and GC patron, Tshepo Mahloele called on African governments and business leaders to join this critical endeavour.
JOHANNESBURG, 23 September 2022 –In a groundbreaking Constitutional Court ruling, Harith General Partners (“Harith”), a leading pan- African infrastructure investment firm, won a major legal victory with an order ruling against Mr Bantu Holomisa and the United Democratic Movement (UDM). The Constitutional Court dismissed Holomisa and the UDM’s appeal against a High Court judgement in favour of Harith and its co-litigants, represented by Nicqui Galaktiou Inc. Attorneys with legal costs.
Africa’s facing the worst of the climate crisis, but her people have stepped up with solutions. Nothing can top the resilience of Africa’s people; in the face of adversity, Africa responds with boundless creativity designed to benefit an entire region, or better, the entire continent. This is true of many situations — but for right now, we’re going to look at how it rings true for the continent’s battle against climate change.
Harith General Partners, one of the largest investors in Africa’s infrastructure, and Anergi Group, a leading African power provider, have partnered to establish the Pan-African Renewable Energy Fund (PAREF) to accelerate renewable energy adoption across Africa. The $300 million fund will be key to bridging the energy access gap across the continent, while contributing to the just transition of energy by accelerating Africa’s move to low-carbon economies in a socially responsible manner.
The Takatso Consortium welcomes finance minister Enoch Godongwana’s recent public support for the Consortium’s acquisition of a 51% interest in SAA – signalling a firm commitment from Government to conclude the transaction. Takatso shares Government’s view that the transaction will be an eminent example of a public / private partnership in one of South Africa’s most important sectors.
Harith concludes disposal of investment in MainOne, West Africa’s largest communications services operator to US-listed Equinix
Harith, one of the largest and leading investors in African infrastructure, has successfully concluded the disposal of its stake in MainOne, West Africa’s largest communications services operator, to Equinix (Nasdaq: EQIX), the world’s largest digital infrastructure company, following the achievement of all regulatory approvals.
Harith co-founder Tshepo Mahloele is unveiled as the new Africa Patron for the Global Citizen movement
Tshepo Mahloele, co-founder and group executive director, was announced as the new Patron in Africa for the Global Citizen movement. The announcement was made at launch events for the 2022 Global Citizen campaign in Johannesburg, South Africa and Lagos, Nigeria on 29 March.
The Global Citizen is an international advocacy group that brings together world leaders, celebrities, philanthropists from around the world to lead campaigns that address socio-economic challenges in the developing world.
CIVH / Vodacom Infrastructure Merger to Unlock Significant Strategic Advantages for Harith’s Market Leading Fibre Investment
Leading telecoms investor Community Investment Ventures Holdings (CIVH) today announced that it has concluded a landmark transaction by restructuring the digital infrastructure assets of Vumatel, Dark Fibre Africa (DFA) and SA Digital Villages (SADV) ISP whilst concurrently merging with Vodacom’s network infrastructure – creating a market-leading, integrated fibre operating platform (Infraco).
This asset class has the ability to uplift entire countries and can provide pension funds with stable, long-term returns.
Following the announcement by the Honourable Minister of Public Enterprises, Pravin Gordhan, the Takatso Consortium has expressed its delight and commitment in being selected as the Preferred Strategic Equity Partner (SEP) for South African Airways (SAA).
The purpose of this development impact report is to provide our stakeholders with a transparent account of how we addressed the most material environmental management, social responsibility and corporate governance issues during FY2021. We have also included material issues that may extend beyond these dates.