In pursuit of its strategy to increase its investment exposure to infrastructure, Encha, through Encha Infrastructure has:

• Progressively built an equity position in JSE-listed Mahube Infrastructure Ltd (JSE: MHB).
• Established a black private equity fund manager (as contemplated in the Amended Financial Services Sector Codes) focused on the infrastructure asset class, in equal partnership with Mahube.
• Concluded its first asset management mandate to manage Mahube and grow its business to R2 billion of capitalisation.

Encha and Mahube Manco are now actively seeking investment opportunities in the market in the Power and Energy, Rail, Water and the IT and Telecommunications sectors.

Tiego Moseneke, the Founder and Chairman of Encha said:

‘We intend to be a significant contributor to the infrastructure revolution that is necessary to power our battling economy forward. Encha and Mahube is where ground-breaking projects meet smart capital’.

Sedise Moseneke the CEO of Encha said:

‘The diversification of our investment mandate into infrastructure projects is driven by the dire need for a rejuvenation of our economy and to contribute positively towards the growth of our country. A partnership with Mahube creates this platform, which enables us to jointly make an impact and add value to our people and country alike.’

Mahube Infrastructure Ltd (JSE: MHB): 3-Months Share Movement