M&A Flash: Nhlanganiso Mkwanazi on SA's investment prospects

The Medu Capital founder says that belief in a brighter future is essential for investment.

Medu Capital will be celebrating its 16th anniversary in January. Arguably, it’s a fitting testament to its resilience, having survived various political and economic cycles since its inception in 2003 including the aftershocks of the dot-com bubble and the 2007/8 global financial crisis.

Next year, it will be coming to market next year to raise its fourth private equity fund after successfully raising over R2 billion in capital over the past 15 years.

When M&A Africa asked whether quality deals are hard to come by in a tough economic environment, Medu Capital founder Nhlanganiso Mkwanazi responded: 

"Yes, and in a more constrained environment, we tend to be more selective when it comes to opportunities. In terms of the value of closed deals, we are nowhere near the peaks that we experienced in 2006/7.  It’s not like we are in a free fall. We have reached the trough and I would like to believe that the value of deals closed will continue to increase."

Read more: Medu Capitals Nhlanganiso Mkwanazi is upbeat about South Africa's investment prospects