MD: Strategy & Growth
B COMM (HONS) (Accountancy), Certificate in the Theory of Accountancy (CTA), Higher Certificate – Financial Markets
Mr Wessels joined the company from Absa/Barclays in 2007. He has a BCom Honours, Certificate in the Theory of Accountancy (CTA ), Higher Certificate Financial Markets. Before joining Harith, Mr Wessels had over 10 years of experience as Senior Consultant for Absa Capital and he was responsible for Project and Infrastructure Finance. Prior to this he occupied different positions (Business Consultant, Financial Manager/Director, Managing Director) in companies operating in the manufacturing and construction industries.
CA (SA), MBA
Sipho has over 10 years’ merchant banking experience. Prior to joining Harith, he worked for Investec Bank, Coronation Capital and African Merchant Bank in South Africa, with a focus on aircraft and plant and equipment financing, and various acquisition finance transactions. He is responsible for PAIDF’s CIVH (DFA) and Main One Investments.
Emile Du Toit
Mr Du Toit, (CA) SA was Head of Corporate Finance at the Development Bank of Southern Africa in South Africa. He has over 11 years of relevant Corporate Finance experience, having joined the DBSA as an Investment Officer. He has been involved in many high profile transactions and currently serves as a Director and trustee in the governing boards of several institutions.
Head: West Africa
BSc Actuarial Mathematics (University of Montreal, Canada), MSc in Management (ESSEC Business School, France)
Souleymane joined Harith in 2007 as Investment Director. He has been involved and led several landmark transactions in the ICT, transport and energy fields across Africa (including Main One, HKB Bridge and Lake Turkana Wind Power). Before joining Harith he worked five years for the African Development Bank, where he was successively a Senior Investment Officer in the Infrastructure Finance Division, a Senior Financial Analyst and a Senior Analyst in the Treasury Department.
Prior to that he was an Investment manager in charge of the development of new financial products at Dexia Public Finance. Souleymane’s experience includes stints at Paribas Affaires lndustrielles and Lazard Freres & Cie. Souleymane currently serves as a Director of Main One (Nigeria) and HKB Bridge (Cote d’Ivoire). He also served on the boards various African companies, including SeaWolf (Nigeria), Aldwych (UK), Lake Turkana Wind Power (Kenya). He is a Trustee on various Charitable Institutions which provide resources to disabled children and orphanages.
Orville was employed by Nedbank Capital in South Africa as an investment banker prior to joining Harith.
He has extensive experience in project and infrastructure finance, having specialised in the provision of advisory services and finance to large projects and concessions. He has over 24 years’ field experience and has been Involved in the preparation, funding and implementation of a wide variety of Infrastructure projects including the new Limpopo bridge between South Africa and Zimbabwe, the N4 Maputo Corridor toll road, the new rail line and upgrading of existing railway lines between Beitbridge and Heavy Junction in Zimbabwe, and the first limited recourse BEE [Eyesizwe] mining transaction.
Tax & Regulatory
BSocSci, LLB (UCT), LLM (Wits), LLM (Vrije Universiteit, Amsterdam)
Admitted attorney to the High Court of the Republic of South Africa
Pearl is an Investment Director for legal. She is responsible for legal matters relating to Harith’s investments including due diligence, structuring, negotiation, legal risk analysis and mitigation as well as the oversight of all shareholder, project and transaction documents. Prior to joining Harith, she worked at Absa Capital as senior legal adviser in the leverage and structured finance team advising on all finance related matters including project finance. Prior to Absa, she worked in the banking and finance departments of Norton Rose Fulbright and Clifford Chance.
Senior Manager: Growth
Bcom Honours; MBA
Lesiba has significant finance and telecommunications experience, with financial and management expertise gained from both the private and public sectors. He joined Vodacom SPRL in the Democratic Republic of Congo in 1999 as Head of Financial Management, has worked for Vodacom South Africa in Midrand, the Limpopo Economic Development agency in South Africa as Group Finance Director and also served as a Chief Operating Officer. He serves in various boards, including the South African Road Agency, Limpopo Province, and Checkers/Shoprite (Propriety) Limited – Thohoyandou, Limpopo Province.
Virginia de Ujfalussy
Head: Legal, Tax & Regulatory
BA, LLB, LLM
Virginia is responsible for all legal matters regarding Harith’s investments including due diligence, structuring, negotiation, vetting, comprehensive legal risk analysis and mitigation as well as the oversight of all shareholder, project and transaction agreements. Prior to joining Harith, Virginia worked for South Africa’s premier development finance institution, the Industrial Development Corporation (IDC) . Virginia has worked in equity, debt and project finance in several cross-border Africa investments and projects.
She is an admitted Attorney of the High Court of the Republic of South Africa.
Senior Manager: Research & New Product Development
BEcon (Hons) (Economics) MBL
Thenjiwe is an economist at Harith. Previously she ran the PIC’s Fund of Funds Unit. Thenjiwe made a total of 7 fund investments totalling ZAR 2 billion during her period at the PIC. Prior to joining PIC she worked for the National Treasury Asset and Liability Division responsible for restructuring state owned enterprises in the telecoms and energy sectors. She brings to the team 15 years experience in corporate finance, private equity and development finance, having worked for Standard Bank, Wesbank corporate finance as well as the Development Bank of Southern Africa.
Lumka is a Senior Investment Analyst within the Harith investment team. Lumka has over six years of experience in deal-making, financial analysis and modelling, and conducting due diligence.
Prior to joining Harith, she worked as an Account Manager at the IDC, where she worked on a number of transactions across different sectors such as agro-processing, forestry, metals and renewable energy, among others. Prior to this she was a Financial Analyst within the Assets and Liabilities Management (“ALM”) team at the National Treasury.
Senior Investment Analyst
BSc: Actuarial and Financial Mathematics
Xavier is an analyst in the investment team. Xavier obtained BSc: Actuarial and Financial Mathematics from UP and is a student member of the Chartered Financial Analyst (CFA) Institute.
He covers a number of different sectors as an analyst, inter alia, infrastructure, energy and other wider-field areas. This has allowed him to develop a broad understanding across a wide variety of sectors and business areas. He also has a good quantitative background that has equipped him with the excellent technical skills, particularly in a number of modeling languages such as Matlab, SAS and Excel VBA.
Senior Investment Analyst
Professional designation: CA (SA)
Highest university qualification: Bcom Accountings Sciences ( Hons) University of Pretoria
Career summary: Reneilwe is a Senior Investment Analyst within the Harith investment team. Reneilwe obtained her Bcom Accounting Sciences (Hons) degree from the University of Pretoria, and completed her articles at Deloitte Johannesburg before qualifying as a CA (SA). Prior to joining Harith, she worked as an Investment Associate at the National Empowerment in their Turn-arounds, Workouts and Restructuring unit, tasked with managing and rehabilitating the distressed portfolio. Previously, she was a an Audit Manager within the Financial Services Team (FIST) at Deloitte where she planned and managed audits across the Retail Banking, Asset-backed lending and Investment Management sectors.