Sipho Makhubela, CEO of pan-African infrastructure-focused private equity fund manager Harith, says he believes the R4.5bn project his company has taken a stake in to modernise the Beitbridge border between SA and Zimbabwe will have a "huge game-changing effect" on social and economic development in the region.

"It's not just a Zim play. The benefits for the whole region are huge, there's no doubt about it," he says. The most immediate benefit for SA is that it will curtail the multibillion-rand trade in illicit cigarettes "which is a big issue at that border"...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now