Harith appoints Sipho Makhubela as new CEO

Leading Pan-African infrastructure financier, Harith General Partners announced at its Annual Investors’ Feedback meeting last week that Mr Sipho Makhubela has been appointed as its Chief Executive Officer with effect from 1 September 2020. Sipho’s appointment follows Mr Tshepo Mahloele’s request to step aside as Harith’s CEO earlier this year after 14 years of successfully developing signature infrastructure projects on the African continent.

Harith Development Impact Report 2020

Against an international backdrop of changing political and economic priorities, Africa must take charge of industrialisation to unlock the considerable potential the young, rapidly urbanising population and growing consumer class offers.
Africa is the world’s second largest and second most populous continent. Economic growth across the continent continues to strengthen, reaching an estimated 3,5% in 2018, and is projected to accelerate to 4% in 2019 and 4,1% in 2020. According to the African Development Bank, the working-age population will rise from
705 million in 2018 to nearly 1 billion by 2030.

Harith’s female leaders are key to a balanced approach to creating lasting value

During the month of August, South Africa commemorates women for their contribution to the liberation of the country from apartheid and colonialism. In addition, this month is also used to celebrate the strides women have made to take their rightful leadership positions in society. In tandem with this, Financial Mail of 27 August 2020, published stories of some of our high-calibre female professionals about how they have been inspired by working in the infrastructure space and the impact it has on the lives of Africans across the continent.

Private-public infrastructure deals must get it right from day one

It has been deeply encouraging and inspiring to see the immense task of rebuilding the country from the ravages of the Covid-19 pandemic beginning to take form over the past few weeks. SA is entering a pivotal phase in its history as it tackles the challenge of a mega-infrastructure investment programme to stimulate growth and put millions of jobless South Africans back to work.

Statement by Harith on the unfounded Holomisa Allegations

Harith General Partners appeared in the Pretoria High Court before Judge Tlhapi for an urgent interdict application against the UDM President, General Bantu Holomisa, and the UDM to stop them from making any further false, misleading or spurious statements about Harith.

Public Transparency Report 2020 by Harith

The PRI Reporting Framework is a key step in the journey towards building a common language and industry standard for reporting responsible investment (RI) activities. This RI Transparency Report is one of the key outputs of this Framework. Its primary objective is to enable signatory transparency on RI activities and facilitate dialogue between investors and their clients, beneficiaries and other stakeholders. A copy of this report will be publicly disclosed for all reporting signatories on the PRI website, ensuring accountability of the PRI Initiative and its signatories.

Tshepo Mahloele: Now is time to invest in Africa’s development

Power generation and transport sector offer huge investment opportunities on the continent. Our Chief Executive Officer, Tshepo Mahloele recently wrote for South Africa’s premium business publication, Business Day about the impact of Covid-19 on the South African economy and, more specifically, how he sees the future of infrastructure financing in the post-Covid era. The article, republished here below, was first published by the Business Day on 07 June 2020.

Harith Development Impact Report 2019

Against an international backdrop of changing political and economic priorities, Africa must take charge of industrialisation to unlock the considerable potential the young, rapidly urbanising population and growing consumer class offers.
Africa is the world’s second largest and second most populous continent. Economic growth across the continent continues to strengthen, reaching an estimated 3,5% in 2018, and is projected to accelerate to 4% in 2019 and 4,1% in 2020. According to the African Development Bank, the working-age population will rise from
705 million in 2018 to nearly 1 billion by 2030.

Harith Development Impact Report 2018

Infrastructure development is the key catalyst for economic development on the African continent. Infrastructure transforms economies, strengthens their resilience and is crucial to eliminating poverty in Africa. Adequate infrastructure, together with industrialisation and innovation, are the foundations for economic competitiveness, which in turn underpins social and economic development.