JOHANNESBURG, 10 July 2018: 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.
Harith has publicly stated that it would take all necessary steps, including legal action, to stop the UDM and General Holomisa from continuing with any further negative and unfounded public remarks about Harith.
The application will be heard on Friday, 13 July 2018. General Holomisa and the UDM failed to provide their answering affidavit to the application last week and only served it on Harith and its co-applicants at court. Harith and its co-applicants are entitled to reply and therefore require an opportunity to reply to the answering affidavit before the matter is heard on Friday. Haith is confident in regard to the prospects of success of the application. We will endeavour to keep you updated with regard to this matter.
Harith is one of the largest investors in African infrastructure, with a long track record of value creation across the continent in the five core infrastructure sectors of energy, transport, telecommunications, health, and water. Headquartered in Sandton, with offices in Cote’ d’Ivoire, Harith has developed a pipeline of infrastructure projects designed to make a material difference to Africa’s gaping infrastructure deficit, which the World Bank estimates costs the continent 2% of GDP a year in lost growth.
Since its establishment over a decade ago, Harith has become the first port of call for every major African infrastructure project sponsors and developers needing funding and expertise. This status is thanks to our track record of successfully executing complex mega infrastructure projects, strong institutional culture, grounded in ethical conduct and excellent corporate governance. Our partners include some of the largest development finance institutions and banks investing in South Africa and the rest of Africa.