#5  Panel discussion - Section 12J: Putting venture capital to work in SA

By Jeff Miller, Jonty Sacks and Neil Hobbs

Jeffrey Miller is an experienced venture capitalist and serial entrepreneur. He is currently the Chief Executive Officer and co-founder of Grovest Corporate Advisory. He is also the co-founder of MeTTa Capital Managers, Grovest Energy, Grovest Hospitality, Mdluli Safari Lodge and sunstone Capital. He is a member of the sub-committee of The Southern African Venture Capital and Private Equity Association, focused on Venture Capital. He has over 30 years of investing in unquoted companies across numerous industries and is a start-up specialist. He co-founded Brandcorp, which was listed on the JSE in 1997. He is also the co-founder of KNR Flatrock, Balboa Finance, Born Free Properties, Eurosuit, Bride & Co, Redwood Capital, Incred Finance and Seed Academy.

Jonty is a partner at Jaltech, a boutique financial consultancy firm specialising (in amongst others) Section 12J fundraising, formation and administration services. His role within Jaltech is focused on accessing retail and institutional funding within the South African market and to date, he has raised substantial funding within the Section 12J sector. In addition, Jonty is active in assisting clients with forming Venture Capital Companies (incorporated under Section 12J of the Income Tax Act) across various sectors.

Neill is a Chartered Accountant, Registered Auditor, Registered Tax Practioner and founder of Hobbs Sinclair Advisory. Neill is also one of the first pioneers who put Section 12J VCC’s on the map, including Iridium Private Equity (Pty) Ltd, the very first 12J VCC to be formed. He holds several directorships and is the founding partner and Director of three VCC’s. Neill is the CEO of Anuva Investments Limited and so far has raised R275 million to date, invested in 11 Companies and created 350 jobs. Neill is very passionate about job creation and developing SMME’s, which aligns perfectly with the Section 12J opportunity.
Season 1 / Episode 5 13 Jun 2019 English South Africa Business · Investing

Other recent episodes

Keynote address - Creative thinking by Professor Jamie Anderson

Jamie Anderson is Professor of Strategic Management at Antwerp Management School and Visiting Professor at INSEAD & DUKE CE. Named as a “management guru” by the Financial Times, Jamie has also been included on a list of the world’s “top 25 management thinkers” by the journal Business Strategy Review. His…
Season 1 / Episode 2 50 min

South Africa to 2021: Pressure and promise by Daniel Silke

Daniel Silke is the Director of the Political Futures Consultancy based in Cape Town, South Africa and is recognized as one of the country's leading political economy analysts and most passionate keynote speakers. Silke serves a wide variety of blue-chip companies across the world with outstanding business presentations on current…
Season 1 / Episode 10 46 min

How the credit industry has destroyed SA’s savings by Maya Fisher

Maya Fisher-French is a well-known South African personal finance journalist and author of Maya on Money: Implement your Money Plan. She has twice won the prestigious Sanlam Award for Excellence in Financial Journalism for the category of Consumer Financial Education. Maya is a regular columnist and commentator across several media…
Season 1 / Episode 3 43 min

Prescribed Assets in SA by Gill Raine

Gill Raine is a senior policy advisor at ASISA, chairing the Standing Committee on Fixed Income and is a member of the Financial Markets Review Committee and the Market Practices Group. She has a financial markets career that has spanned over 30 years, from pre Basel I to Basel IV…
Season 1 / Episode 6 27 min

Managing single factor risk by Paul Sweeting

Paul Sweeting is Chief Risk Officer for the Hassana Investment Company based in Riyadh, Saudi Arabia. Prior to taking up his role with Hassana, Paul was a Professor of Actuarial Science at the University of Kent. He now holds the title of Honorary Professor of Actuarial Science at the university…
Season 1 / Episode 9 34 min