CDH's Banking, Finance & Projects team advised the National Development Bank

Home
Home
CDH's Banking, Finance & Projects team advised the National Development Bank

CDH's Banking, Finance & Projects team advised the National Development Bank

CDH advised the NDB in relation to a R7 billion loan agreement to the SANRAL. The loan will support various toll portfolio projects in the country, in particular the key economic corridors along the N2/N3 in KwaZulu Natal and the N1 major roads in South Africa.

22 Jul 2025 1 min read Featured work

Related services

Banking, Finance & Projects

The team advised the National Development Bank (NDB), also known as the BRICS Bank, in relation to a R7 billion loan agreement to the South African National Roads Agency (SANRAL) and the Government Guarantee issued by the National Treasury on behalf of SANRAL. The CDH team worked alongside the NDB lawyers based in Shanghai, China on this transaction.

THE TEAM BEHIND THE DEAL

Mashudu Mphafudi

Practice Head, Director

Banking, Finance & Projects

Sidumisile Zikhali

Senior Associate

Banking, Finance & Projects

You might also be interested in

3 Dec 2025

by Yaniv Kleitman, Keanan Wheeler and Tariq Kajee

Corporate governance in South Africa: King V – what's new?

Following its launch on 31 October 2025, and with an effective date scheduled for financial years beginning on or after 1 January 2026, the era of the fifth iteration of South Africa’s corporate governance reports since 1994: King V Code on Corporate Governance for South Africa 2025 (King V), is just around the corner. In the nine years since the release of its predecessor King IV, the South African governance landscape has shifted in line with local legislative developments, global trends, technological advancements and increased expectations in respect of ethical and effective leadership. The introduction of King V, as a direct response to these shifts and the concomitant challenges which accompany them, is a welcome one.

Corporate & Commercial Law

6 min read

2 Jul 2025

by Yaniv Kleitman and Yusuf Omar

The magic wand of reinstatement of a deregistered company

It is a common occurrence to discover after the fact that a company was deregistered (and thus legally did not exist) during a period in which it concluded multiple juristic acts. Section 82(3) of the Companies Act 71 of 2008 (Companies Act) sets out various reasons for which a company may be deregistered, such as a company failing to file an annual return for two or more years in succession – a common oversight – without any satisfactory reasons for such failure, or the Companies and Intellectual Property Commission (CIPC) determining that a company has remained inactive for seven years and no person has shown interest in the company’s continued existence.

Corporate & Commercial Law

4 min read

11 Sep 2025

by Patrick Uaurikirua Kauta, Jackwell Feris, Magano Erkana and Nhika Vassallo

Namibia’s green hydrogen legislative framework: The proposed synthetic fuels act

The overarching purpose is to foster an enabling environment, mitigate operational uncertainty for developers, and establish stringent quality benchmarks to meet the demands of global export markets.

Industrials, Manufacturing & Trade

1 min read

1 Jun 2026

by Nadeem Mahomed and Sashin Naidoo

Conciliation after failed facilitation: The Constitutional Court clarifies the route to the Labour Court in large scale retrenchments

In National Union of Metalworkers of South Africa and Others v Industrial Oleo Chemical Products ZACC 22, the Constitutional Court was asked to decide a question that has been of interest in relation to mass or large scale retrenchment: where a section 189A facilitation process has failed, must dismissed employees refer their dismissal dispute to conciliation before they can approach the Labour Court for adjudication? In the majority judgment, the Court held that conciliation is not a jurisdictional precondition in this context, and that section 189A(7)(b)(ii) of the Labour Relations Act 66 of 1995 (LRA) permits a direct referral to the Labour Court once facilitation has failed.

Employment Law

5 min read

13 Mar 2026

by Jean Ewang and Christine Mugenyu

An employer’s occupational safety obligations when workplace violence becomes a work injury

In the recent Employment and aLabour Relations Court (ELRC) judgment of Dock Workers Union (K) v Director of Occupational Safety and Health Services and Five Others; Federation of Kenya Employers and Another (Interested Parties) (Petition E004 of 2024) KEELRC 51 (KLR) delivered on 23 January 2025, the court considered whether the death of an employee who was shot by unknown assailants at the employer’s premises constituted an occupational accident under the Occupational Safety and Health Act, 2007 (OSHA).

Employment Law

4 min read

18 Mar 2026

by Frieda Kishi and Mercy Kuzeeko

Understanding the Corporate Law Reform Bill, 2025: Key changes and implications

Namibia has introduced the Corporate Law Reform Bill (Corporate Laws Act, 2025) (Bill), a landmark initiative to modernise the country’s business regulatory framework. Currently under parliamentary consideration, the Bill addresses critical aspects of corporate governance – including directors’ standards of conduct and liability, business names, auditors and audit committees. The Bill aims to create a flexible, transparent system that supports economic growth and aligns with international standards.

Corporate & Commercial Law

3 min read