SA offers ‘winning formula’ for private equity investors, says Ethos
Peter Hayward-Butt, CEO at Ethos Private Equity, an investor in Brait, Virgin Active and TymeBank, still sees solid investment opportunities in SA at cut-rate prices, believing SA businesses are fairly valued or undervalued relative to their overseas peers. “As an investor, I see a lot of value in SA as I can buy a business for half the value that I could in Europe or somewhere else in many cases with better growth prospects,” he says. But to encourage investment, the government had to provide policy certainty and fast-track its implementation of key policies, he added. Load shedding is the biggest issue of all.