Ethos Capital Partners (ECP) — the private equity firm invested in Brait, Virgin Active and TymeBank — says business needs more clarity from government on macroeconomic policy, including clear, transparent strategies to solve load-shedding.

“The biggest issues in SA are … load-shedding and policy indecision,” ECP CEO Peter Hayward-Butt said in an interview after the firm reported a modest increase in the fair value of its underlying portfolio in its first-half results on Wednesday. “It’s not one or the other — in most cases they’re massively interlinked.”..

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