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

18 Mar 2024
by Njeri Wagacha
CDH and East Africa Venture Capital Association Series | Episode 1
In this first episode Njeri Wagacha, talks to CEO, Christine Maina and COO, Jacklyne Iminza-Anyamba of EAVCA.
Private Equity
30:13 Minutes

8 May 2024
by Lucinde Rhoodie and Dipuo Titipana
The ball is in our courts: How section 20(9) of the Companies Act empowers courts to unmask corporate identity
One of the cornerstones of South Africa’s corporate law is the separate legal existence of companies, which provides, generally, protection to its directors and shareholders against personal liability for a company’s debts and also makes a distinction between companies forming part of the same group of companies. However, sometimes, through the unlawful actions of shareholders and directors, it is necessary for our courts to look behind the separate legal entity companies in a group and treat such group companies as one legal entity.
Corporate Debt, Turnaround & Restructuring
5 min read

13 Feb 2025
by Alex Kanyi, Stella Situma, Denis Maina and Ian Ounoi
Disposal of seized motor vehicles by banks, through auction, is subject to VAT
In a landmark ruling in KCB Bank Kenya Limited v Commissioner Legal Services & Board Co-ordination (Tax Appeal E023 of 2024) , the Tax Appeals Tribunal (Tribunal) held that value-added tax (VAT) is chargeable on the disposal of seized assets, including the sale of motor vehicles through auctions by a bank to recover its debts.
Banking, Finance & Projects
5 min read

23 Jan 2025
by Alex Kanyi and Denis Maina
Relief for tax-exempt projects: Court of Appeal finds section 13(2) of the Income Tax Act constitutional
Imagine preparing a bid for a project and, while coming up with the costs, you are informed that you need not worry about certain costs because they are already catered for. You submit the bid, get the work, and start. However, as the project continues, or after completion, you are informed that you need to bear the costs that you were told not to worry about. This was the predicament faced by Japanese contractors and employees who were involved in tax-exempt projects, including the Mombasa Special Economic Zone Development Project, Olkaria V Power Development Project, and Mombasa Port Development Project, among others.
Tax & Exchange Control
6 min read

17 Jul 2024
by Reece May
Price personalisation or price discrimination: Can your computer tell the difference?
From booking accommodation and transport to purchasing products online, data analytics has given firms the ability to use automated pricing algorithms to charge personalised prices to every customer based on their data profile. Does this personalised pricing contravene competition law, or does it benefit competition? This debate has been raging in competition lawcircles.
Competition Law
6 min read

27 Jan 2025
by Roxanne Bain
Unpacking the Companies Act amendments 2024 | Social & Ethics Committee, sections 72 and 61
In our webinar held on the Companies Act amendments, our Professional Support Lawyer Roxanne Bain from our Corporate & Commercial practice explained the changes to sections 72 and 61 which relate to the composition and appointment of Social and Ethics Committees.
The Companies Act
04:57 Minutes