Contact us
MENU

WELCOME TO

THEZA CAPITAL

HOME OF FINANCIAL

CLARITY & SIMPLICITY

THEZA Capital is an authorised financial advisory services and investment company established in 2007.

THEZA Capital is 100% black, women-owned and managed with a level 1 B-BBEE contribution.

THEZA CAPITAL

THEZA is of Xhosa origin, pronounced as [tɛzə], and describes the age-old tradition of collecting firewood in the surrounding forests and fields.

A tradition that is all about looking after and uplifting people, families and communities and plays an important role in connecting people: to each other, to their culture and to their heritage.

Our name, THEZA, reflects our company, our heritage and our people, and speaks to our purpose of connecting people, businesses and communities around a common cause of Elevating South Africa – one good advice or investment at a time.

OUR VISION

To be the leading, black-owned and led, financial advisory services firm in South Africa.

OUR PURPOSE

We believe in unlocking human and corporate potential in order elevate the people and the economy of South Africa.

OUR CORE VALUES

WE ARE CARING

With utmost respect for people and businesses, we respect every voice, communicate openly and honestly, make decisions with facts and empathy, to transform people and elevate our country.

WE ARE OBSESSIVE

When it comes to making our clients look good, we are 100% committed and passionate about going out of our way in putting service to our customer above all else.

WE ARE RELIABLE

For ourselves and for our customers, we hold ourselves to the highest standards in integrity, transparency and accountability. We earn trust by consistently doing things the right way and delivering on our commitments every day.

WE PURSUE EXCELLENCE

With an ambition to succeed, a commitment to design quality, driven to continual self-improvement, and a passion for staying a step ahead, we are unmatched in our drive to be the best.

OUR APPROACH

What sets us apart is our ability to create financial CLARITY and SIMPLICITY for our clients

In today’s complex and rapidly changing business environment, it is becoming increasingly more difficult for management teams to make the right financial decisions.

There are however two key drivers that will assist management in making better financial decisions: CLARITY & SIMPLICITY.

Financial CLARITY affords our clients the ability to SIMPLIFY complexity, enabling better financial decisions.

Download Corporate Profile

OUR OFFERING

We provide a range of offerings built to support your financial needs

FINANCIAL ADVISORY

We provide innovative, yet simple, financial advisory solutions that assist in simplifying the complexities our clients face in their businesses.

Learn more

FINANCIAL ADVISORY

We provide innovative, yet simple, financial advisory solutions that assist in simplifying the complexities our clients face in their businesses thus helping them improve decision making which in turn unlocks value for their businesses.

Since inception, in 2007, THEZA Capital has raised more than USD24bn for our clients and provided financial advisory services to both public & private sectors in mining, financial, manufacturing, property and infrastructure.

CAPITAL
RAISING
  • Equity
  • Bonds
  • Convertible bonds
  • Bond trading
  • Commercial paper
  • Debt instruments
CORPORATE
FINANCE
  • Valuations
  • Due diligence
  • Fairness opinions
  • Management buy-out
  • Corporate restructuring
  • Mergers & acquisitions
INFRASTRUCTURE
& PPP
  • PPPs
  • BRT
  • Project finance
  • Feasibility studies
  • Financial models

PRINCIPAL INVESTMENTS

THEZA Capital invests with a long-term view in small and middle market companies with growth potential.

Learn more

PRINCIPAL INVESTMENTS

THEZA Capital invests with a long-term view in small and middle market companies with growth potential. We focus on equity returns through patient ownership opportunities and are primarily interested in predictable cash yields on our invested capital.

We concentrate heavily on the management team - their talent, values, energy and integrity, in turn creating long-term financial alignment. Our investment interests are broad and we are flexible in how we structure our investments. Our sole aim is to help management teams grow and improve their businesses over time by providing strategic, operational and financial insights.

OUR EXPERIENCE

Collaborate with a team that has a strong track record in advising businesses with their capital requirements, structuring solutions that address their capital needs and successfully raising capital to elevate businesses, agreements as well as the valuation of such debt instruments.

Sukuk Bond
R20.4 billion
Joint Lead Arranger
November 2023

SEC Global note
USD 3 billion
Dual Tranche Local Partner
April 2022

Preference shares
R2.3 billion
Joint Lead Arranger
March 2021

Local Bond
ZAR 2 billion,
4, 7, 10yrs,
February 2020

Global Note
USD 5 billion,
10 & 30yrs,
September 2019

Local Bond
ZAR 1 billion,
Joint Lead Arranger,
March 2019

Local Bond
ZAR 1.50 billion,
Joint Lead Arranger,
March 2019

SEC Global Note
USD 1.40 billion,
USD 600 million,
Joint Lead Arranger,
May 2018

Equity Capital Raise
ZAR 2.54 billion,
Joint Lead Arranger,
October 2017

Green Bond
ZAR 1 billion,
Joint Lead Arranger,
July 2017

Convertible Bond
USD 250 million,
ZAR 3.25 billion,
Joint Arranger’s Local Partner
May 2017

Local Bond
ZAR 1.44 billion,
Joint Lead Arranger,
July 2016

Amortising Bond
R750 million
Joint Lead Arranger
June 2015

Global Bond Issue
USD 1.25 billion
Joint Lead Manager
February 2015

Local Bond (Switch)
ZAR 1.12 billion,
Joint Lead Manager,
May 2014

ZAR Denominated Global Bond
ZAR 5 billion,
Joint Lead Arranger,
November 2013

Benefit from our specialised deal experience across industries, offering businesses a full range of services including due diligence reviews, valuations, transaction support, corporate restructuring and M&A advisory through our clear, simple and quality-driven approach.

Provided a Fairness Opinion on the B-BBEE Transaction which entailed a sale and a lease back of properties

Independent valuation and a due diligence on a specialist commercial property financing company

Performed an independent valuation on a technology developing company to be acquired by Fundi Capital

Performed a valuation of Capitec Bank Holding shares for purposes of issuing a Fairness Opinion for the shareholders of the B-BBEE shares

Performed a valuation of MTN Zakhele shares for purposes of issuing a Fairness Opinion

Performed a due diligence review and a valuation on an electronic billing technology company

Performed a valuation of a coal mining operation as well as facilitated the sale of De Beers’ shares to the Government

Advised on a rights issue relating to a clothing and textile business

Joint advisor in conducting a commercial and financial due diligence on prospective coal suppliers

Performed an independent valuation for a poultry business

Performed a financial due diligence review and valuation of an integrated fertilizer producer for acquisition purposes

Provision of Business Turnaround services on a brick manufacturing company

Navigate the complexities of infrastructure procurement and finance by partnering with a team that has advised government and private sector throughout the full project lifecycle in various infrastructure projects, from project evaluation to procurement financial models PPP negotiations all the way through to financial close, agreements as well as the valuation of such debt instruments.

Transaction Advisor to the City for the establishment of its Bus Rapid Transit Project

Financial Advisor to the smart meter project and the Bus Rapid Transit Project

Conducted a debt funding competition to raise capital for the procurement of additional rolling stock and related infrastructure for the Gautrain

Development of financial models for the construction of hospitals in Mpumalanga

Financial Advisor in the first municipal PPP project for the construction of City of Tshwane’s new headquarters

Developed a strategy for its Property and Infrastructure Division

OUR MILESTONES

  1. 2007
  2. 2008
  3. 2010
  4. 2012
  5. 2013
  6. 2014
  7. 2016
  8. 2017
  9. 2018
  10. 2019
  11. 2020
  12. 2021
  13. 2022
  14. 2023
  15. 2024

  1. Opened its offices in South Africa

  2. Licensed as a FAIS financial services provider

  3. Joint Advisor on the first BRT project for the City of Joburg and the deal won a Trade Finance award Deal of the Year

  4. Transaction advisor for the first Municipal PPP for City of Tshwane

  5. Co-Manager on a Rand denominated Euro Bond Issuance (R5 billion)

  6. Joint lead manager of the first listed Municipal Green Bond in South Africa

  7. Advisor for the Debt Funding Competition for Gautrain, the first Rapid Rail Transit system in Africa

  8. 10 year anniversary
    Top 30 Corporate Finance Investment Adviser by Deal Value & Flow - DealMakers Annual Awards 2017

  9. Top 20 M&A Investment Adviser by Deal Value & Flow - DealMakers Annual Awards 2018

  10. Launch of the new THEZA Capital brand

  11. Co-arranged an issuance of a ZAR Bond for the Industrial Development Corporation of SA, one of the leading South African development finance institutions

  12. THEZA co-arranged the issuance of the ACSA preference share funding transaction

  13. THEZA's 15 Year Anniversary!!!

  14. THEZA co-arranged the successful launch of the first sovereign Rand-denominated Al-Ijarah Sukuk on the African continent, a landmark transaction totalling ZAR20.386 billion

  15. THEZA's 17th Year Anniversary!!!

OUR TEAM

The right people are our greatest asset, meet our senior team members

The THEZA team is led by innovative and passionate individuals with over 50 years’ combined experience in financial services. This team is sourced from diverse backgrounds with eclectic skill sets, exhibiting professional integrity & passion for supporting our clients and developing bespoke solutions to their unique needs.

SISANDA TUKU
CHIEF EXECUTIVE OFFICER, CA

SISANDA TUKU

CHIEF EXECUTIVE OFFICER, CA

Sisanda Tuku is the Chief Executive Officer of THEZA Capital. She is responsible for the company strategy, leadership as well as the management of the operations. Sisanda has been in executive directorship roles within the company since 2009 when she joined and has led various ground-breaking transactions which have built our reputation and diversified our client base.

With over 20 years in the financial services sector, Sisanda has extensive experience in structured finance, capital raising, corporate finance, infrastructure financial advisory and public private partnerships. Her core technical skills include transaction structuring, financial modeling, valuations, financial analysis as well as contract negotiations.

Prior to joining the company, Sisanda was part of Investec Bank’s structured finance team where she was primarily responsible for funding transactions in the mid-market space including mergers & acquisitions, leveraged buyouts and black economic empowerment deals.

Sisanda is a chartered accountant who holds a B Com degree in Accounting from the University of Cape Town, a B Com Honours degree from the University of Natal and a management diploma from Stellenbosch University. In 2016, she was selected to be part of the International Women’s Forum Leadership Foundation Fellows Programme for emerging global leaders in conjunction with the Harvard and INSEAD Business Schools.

Sisanda currently serves on the boards of:
- Mahube Infrastructure Limited, an infrastructure investment holding company listed on the JSE and serves as the chairperson of its Audit and Risk Committee.
- Afrimat Limited, as a JSE listed mining and materials company.

ANTHONY JOSSEL
EXECUTIVE: FIXED INCOME

ANTHONY JOSSEL

EXECUTIVE: FIXED INCOME

Anthony joined THEZA Capital in 2017 as a Fixed Income Executive. He has a lengthy track record of successful trading on Money Markets, complex Corporate and Government Bonds, dating back to 1978. From all these years of experience Anthony has built up an extensive client list and has the ability to provide excellent service, advice and execute orders on behalf of clients.

His key service offering includes broking Fixed Income and Money Market Instruments creating ideas and suggestions for clients, building relationships and being able to execute deals for clients in the market based on the trust that has been earned through the years. Anthony forms part of the debt capital markets team within THEZA Capital. Anthony has certifications from the SAIFM.

BOARD OF ADVISORS


THABISO GERALD RAMASIKE

NON-EXECUTIVE CHAIRMAN

Thabiso is an entrepreneur, strategist and leadership development guru. He has been a founder of a number of companies. As a former banking executive he has worked at four major banks in South Africa in retail, private, business and corporate banking. Thabiso is the executive chairman of Tuleka Group, a diversified holding company and sits on a number of boards. He also has vast experience in education, technology & innovation, mining supplies, insurance, and franchising.

He holds a B Comm which he obtained at the University of Johannesburg. In addition he is a Certified Associate of the Institute of Bankers in South Africa, (CAIB(SA)).

He has attended a Senior Executive Development Programme at GIBS as well as the Global Senior Executive Development Exchange Programme at the University of York and the Rotman Business School in Canada.

LET’S WORK
TOGETHER

CONTACT INFORMATION
  • Get directions
  • +27 11 783 6136
  • 2nd Floor, Adapt Building,
    3 Gwen Lane,
    Sandton 2196
CORPORATE INFORMATION
    • Name of Business:
    • THEZA Capital (Pty) Ltd
    • Form of Business:
    • Private Company
    • Registration Number:
    • 2007/025336/07
    • VAT Number:
    • 4280241508
    • B-BBEE Level:
    • Level 1 Contributor
    • Executive Director:
    • Sisanda Tuku
    • Company Auditors:
    • Moore Brothers & Ass.
PAIA Manual | PAIA Request form