Corporate Advisory Services

Limpopo Provincial Government

Feasibility study into the establishment of a provincial growth fund, including justifying the need for a fund, legal due diligence, structuring the fund and developing an implementation plan.

Limpopo Provincial Government

Development of a project pipeline to attract private sector capital to the growth fund.

CEF

Advisory services for the Business Management Implementation Programme Management for an 8MW biomass electricity generation project located in the George area.

Dti

Reviewed the dti Accommodation PPP structure and documentation. Particular emphasis was placed on a detailed audit of the financial model, with emphasis on the Facilities Management costing inputs over the 20 years of the concession

PRASA

Utho Capital was the lead Transactional Advisor to undertake the Feasibility Study for the Cape Town International Rail Link

Gautrain

Utho is part of SERITI which is the independent socio economic monitor to Gautrain. The project involves contract management and evaluation of the concessionaire in terms of their socio economic obligations.

Eskom

Joint Transaction Advisors (with Arthur Andersen) to the Eskom Treasury Division for the commercialization of Treasury. The assignment resulted in identification of significant opportunities for Eskom’s Treasury Department to restructure the portfolio of services it offered as new participants entered the market and new instruments and mechanisms were introduced to the electricity-trading marketplace.

MTN

Joint Transaction Advisors to the International Business Division. Activities included: Assisting MTN with financial models for new assets in Africa; Assisting in its pursuit of new business opportunities on the African continent. Assisting the MTN team in managing its relationships with the government of various African countries, the regulatory authorities, and their legal and financial advisors.

Vodacom

Joint Transaction Advisors on a potential acquisition of a cellular operator in the Democratic Republic of Congo. The work involved due diligence investigation, valuation and providing a critical review of market growth estimates.

Social Housing Foundation (Shf) And European Union

Utho produced the Diagnostic Review of the Social Housing Institutions for the Social Housing Foundation. The review contextualised the role of, and the expectations of, the SHF within the social housing sector and from this it synthesised the issues and challenges facing the sector as a whole, as well as facing the SHF. Recommendations were formulated to improve the role of the SHF in the sector.

IDC

Utho were appointed by the IDC to value the purchase by the IDC, of a 25%+1 shareholding in The Reclamation Group (Pty) Ltd.

Denel

Utho were engaged by Denel (Pty) Ltd to perform a limited business review and valuation of Sybase (SA) (Pty) Limited and its subsidiaries in order to sell a portion of its shareholding.

AU PIDA Project Acceleration Initiative: Central Corridor Transport Projects

Utho Capital, working with Hatch Goba as technical subcontractor, was appointed to assist the DBSA in its task of packaging transport projects in East Africa on behalf of the World Economic Forum (WEF) and the Central Corridor Transit Transport Facilitation Agency (CCTTFA) for presentation to a presidential roundtable and to investors in an investor’s conference. This was a PIDA PAP project acceleration initiative.

SADC Public Private Partnership Program Support

The PPP Program Support project aimed to, with the cooperation of the SADC PPP Network (SADC3P), help achieve regional integration and poverty eradication within its member states through the identification of potential PPP projects based on infrastructure priorities set forth in the SADC Regional Infrastructure Development Master Plan (RIDMP) that would encourage trade facilitation and deepen the process of regional integration and cooperation. Utho partnered with IOS Partners to advise SADC3P on this initiative, which was then combined with a similar PIDA project acceleration initiative spearheaded by SADC Secretariat, culminating in the selection and development of a basket of implementation ready regional projects.

Fostering IPP Development through Private Investment in Transmission

Utho Capital, in partnership with Hatch, were appointed by the DBSA to advise the Department of Energy’s IPP Office on harnessing private sector capital in the development of transmission infrastructure. The objective of the project was to determine whether private sector finance can be harnessed to enhance the successful procurement of renewable energy from IPPs in South Africa in order to alleviate funding pressure on the SA power utility.