Harith vindicated by SAVCA findings on PIC Report
Harith media statement:
I am pleased to inform you that following several months of deliberations, the Southern African Venture Capital and Private Equity Association (SAVCA), an industry body that represents the interests of private equity and venture capital in Southern Africa, has vindicated Harith General Partners in relation to the findings contained in the Report of the Commission of Inquiry into allegations of impropriety at the Public Investment Corporation (PIC).
Following the publication of the PIC Commission Report in March 2020, SAVCA initiated an investigation to probe allegations of impropriety and possible breach of the SAVCA Code of Conduct in relation to Harith. In response, Harith provided SAVCA with comprehensive documentary evidence to disprove the erroneous findings in the PIC Commission Report.