CDH acted as Borrower and Sponsor counsel on the successful financial close of the 13.5MW Lower Maguduza Hydro Power Scheme
- Home
- Home
- CDH acted as Borrower and Sponsor counsel on the successful financial close of the 13.5MW Lower Maguduza Hydro Power Scheme
CDH acted as Borrower and Sponsor counsel on the successful financial close of the 13.5MW Lower Maguduza Hydro Power Scheme
CDH acted as Borrower and Sponsor counsel on the successful financial close of the 13.5MW Lower Maguduza Hydro Power Scheme project, a first-of-its-kind hydroelectric renewable energy project in Eswatini.
CDH's Corporate & Commercial, Banking, Finance & Projects and Environmental practices acted as Borrower and Sponsor counsel to Middle Lusutfu Hydropower Proprietary Limited, African Clean Energy Developments Proprietary Limited, Energy Infrastructure Managers South Africa Proprietary Limited and the African Infrastructure Investment Managers managed IDEAS Infrastructure II Fund on the successful financial close of the 13.5MW Lower Maguduza Hydro Power Scheme project in Eswatini.
You might also be interested in

27 Feb 2025
by Puleng Mothabeng
Now that the shock has settled, some thoughts on the ‘rumoured’ 2% VAT hike
There has been a lot of commotion over the past week pursuant to the postponement of the Budget until 12 March 2025. The postponement will likely have significant legal and fiscal implications, some of which we may not yet fully appreciate, given the unprecedented nature of this event. But commotions aside, what would an increase of value-added tax (VAT) from 15% to 17% mean for South Africa, its budget strategy and the ordinary person on the street? We consider this question and also briefly consider whether there are any viable alternatives to raising the VAT rate.
Tax & Exchange Control
5 min read

6 Aug 2024
by Marelise van der Westhuizen
A step in the right direction: Mining sector required to develop a GBVF implementation plan
On 2 August 2024, a Guidance Note for the Management of Gender-Based Violence and Femicide (GBVF) , Safety and Security challenges for women in the South African mining industry (Guidance Note), under the Mine Health and Safety Act 29 of 1996, was published.
Dispute Resolution
3 min read

8 Apr 2025
by Lucinde Rhoodie, Muwanwa Ramanyimi and Caitlin Freddy
All’s fair when it comes to business and rescue
It is well known that one of the benefits of business rescue is that it provides breathing room for the company in financial distress through the temporary moratorium on the rights of claimants against the company. The creditors of a company in business rescue are usually found scrambling to determine what their rights are in the event of a debtor going into business rescue. Business rescue affords the business rescue practitioner certain powers when it comes to contracts in general, which means that any party that has contractual relations with the company may have its rights affected by the exercise of such powers. Therefore, it does not mean that if one is not a creditor of the company, they will not be affected by the business rescue.
Dispute Resolution
3 min read

6 Sep 2024
by Nomlayo Mabhena-Mlilo and Kuda Chimedza
Watch | A story of inspiration and the ripple effect of kindness
Nomlayo Mabhena-Mlilo, a Director in the Dispute Resolution practice, discusses with Kuda Chimedza, Senior Associate in the Banking, Finance & Projects, how kindness and compassion can shape a legal profession.
Dispute Resolution
19:47 Minutes

15 May 2024
The President assents to the National Health Insurance Bill
Earlier today, 15 May 2024, the President assented to the National Health Insurance Bill ("the National Health Act") which will take effect on a date proclaimed by the President in the Government Gazette.The
Employment Law
1 min read

23 May 2024
by Sammy Ndolo and Nicholas Owino
Enhancing supervision in the banking sector: A review of the Draft Banking (Penalties) Regulations, 2024
The Central Bank of Kenya (CBK) plays a fundamental role in maintaining stability within Kenya’s banking sector. According to the Banking Act (Act), the CBK is empowered to make regulations for carrying out the purposes and provisions of the Act. The CBK may make regulations or prescribe penalties to be paid by banks, financial institutions, mortgage finance companies, credit reference bureaus and any other persons that fail or refuse to comply with its directions under the Act or Prudential Guidelines. In exercising this power, the CBK recently published the Draft Banking (Penalties) Regulations, 2024 (Proposed Regulations) whose defining features are a marked departure from the Banking (Penalties) Regulations, 1999 (Existing Regulations) which they will be seeking to repeal. In this article, we highlight some noteworthy features that the Proposed Regulations will introduce.
Banking, Finance & Projects
4 min read