Zungu Investments Company and Mergence Investment Managers have invested in SA’s only privately owned coal-fired power station, Kelvin Power Station. Located in the City of Ekurhuleni, Kelvin Power is said to provide 10%-14% of Johannesburg’s power. The Competition Commission has approved the purchase of Aldwych by Harith InfraCo — whose shareholders are the Government Employees Pension Fund (GEPF); Development Bank of Southern Africa, Mergence, Zungu Investments and Harith General Partners. Harith has a 46% in Mergence Investment Managers. Aldwych is an investment holding company which invests in assets that generate and deliver energy in various countries across Africa.

Fixing SA’s water crisis – why private capital must be part of the solution
Public-private partnerships in the water sector: Chito Siame, Head: Private Equity at Mergence Investment Managers, examines the need for private