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Newcapital is a specialist corporate finance and advisory firm dedicated to helping businesses, investors, and legal professionals make confident decisions in complex situations.

- Corporate finance services
- Expert witness
- Executive mentoring
- Investment evaluation and management
- Executive placements
- Business turnaround
- Capital and shareholder solutions
- Shareholder dispute resolution
- Sell-side equities analysis
Expert witness
We support legal practitioners in matters involving valuation and financial quantification of damages. We also support dissenting shareholders or the defendants in appraisal rights matters and cases (S164 of the Companies’ Act). We act as independent or partial valuation expert in divorce cases.
Shareholder dispute resolution
We have acted as arbitrator and mediator in shareholder disputes involving valuation and interpretation of related agreements and memorandums of incorporation.
Business disposal and shareholder exit planning
We collaborate with business brokers at business disposal and assist shareholders with exit and succession planning minimizing taxes and estate duty.
Capital raising
We act on behalf of capital seekers as well as investors and financial institutions and understand the needs and dynamics of each participant.
Business turnaround
A business turnaround is the process of reviving a financially struggling company to achieve profitability and sustainability, involving a diagnosis of root causes, the creation and implementation of a strategy to fix problems, and the monitoring of performance for a return to stability.Â
BEE ownership solutions
We collaborate with BEE consultants, companies seeking black investors and black investment firms for effective and sustainable solutions.
Executive placements
In collaboration with a leading executive placements firm, we assist private equity funds, investment management firms, banks, financial institutions, corporate finance advisory firms and other corporates in finding executive level, senior and junior, financial, investment and corporate finance staff. Any enquiries and CVs can be sent to: placements@newcapital.co.za
client’s requirements
agreement
Financial Solutions and Advice that Unlock Value

IN THE MEDIA
JSE LISTED COMPANY ANALYST REPORTS









Harry van der Merwe CA (SA)
Harry van der Merwe is a highly experienced professional specializing in business investment and lending evaluations, expert equity valuations, M&A and B-BBEE deal-making, shareholder exits and planning, shareholder dispute resolution, and strategic decisions for financially distressed businesses.
With 35 years of industry experience — including 22 years as director of Newcapital — Harry has most recently served as interim CIO/COO of CI Holdings, a Black Investment Firm. In this role, Harry managed transactions up to R1 billion and successfully turned around a financially distressed investment.
Renowned for in-depth expertise in S164 (Appraisal Rights) valuations as an expert witness, Harry also provides critical equity valuations for estate duty, divorce cases, shareholder exits, and more.
Harry compiles sell-side research reports of JSE Listed companies on behalf of Blue Gem Research, managed by Keith McLachlan, CEO of Element Investment Managers & Founder of Blue Gem Research.
Qualifications: B Com Hons (Accounting, Rand Afrikaans University) CA(SA), MDP B-BBEE (Unisa), Certificate in Advanced Alternative Dispute Resolution and International Arbitration (AFSA and University of Pretoria)
Charl Botha, CFA
Charl Botha is an experienced investment professional with a background in equity portfolio management, investment analysis, and mentoring future leaders. He has managed private client portfolios, contributed research and commentary to leading financial media, and published articles on Moneyweb.
At Newcapital, Charl applies his analytical expertise and strategic insight to support clients in valuations, investment decisions, and corporate finance advisory. In addition, he focuses on leadership and talent development, mentoring middle and senior management, curating insights to support decision-makers, and assisting with placements and career transitions.
Charl is also active in business development, building client relationships and expanding Newcapital’s reach.
Degrees: MA (Philosophy, cum laude), BCom Hons (Strategy & Innovation), BCom (Economics: Investment Management), CFAÂ Charterholder



“Harry has a great command of accounting and finance, particularly in how it translates into an expression of valuation. He is open to feedback while he backs and articulates his own opinion, exactly what one wants from an experienced, professional in the industry.”
“..Harry demonstrated a full command of all applicable appraisal valuation methodologies and his work was consistent with professional standards governing independent valuation experts and suitable for reliance in statutory appraisal and related proceedings.”
“ .. What impressed me most was Harry’s ability to cut through complexity and get to the heart of the real issues. He saw through posturing, accurately assessed the strengths and weaknesses of the management team, and translated his insights into a concrete action plan”
“.. The requirements of what was wanted were beyond our expertise. Harry was the consummate professional. He is extremely competent as a valuer.”
“ .. I endorse Harry’s character and business acumen and can recommend him as a specialist in his field of Corporate Finance”
“ .. Harry’s work on Digicentral’s negotiations with education content providers, which led to successfully executed agreements for Digicampus, is a perfect example of his meticulous planning and negotiation skills. I was also very satisfied with the outcome and speed of the BDCE shareholder dispute mediation he conducted”
“.. What sets Harry apart is not only his competence but certainly his reliability and dedication as well as his sound judgement and decision making.”
“ .. I believe Harry is the best buy-side analyst in South Africa”
“.. Right off the bat, Harry came across as an expert in the business evaluation, investment and lending arena, with the ability to quickly get to the core of the problem or opportunity. He was comfortable and took leadership in varied projects, from due diligence on large acquisition opportunities to the restructure, right sizing or even closure of other businesses… Harry’s high energy, willingness to engage at all levels and strong business acumen are characteristics that I appreciated and respected.”
“Charl is one of the most well-read people I know. He has great character, passion for, and competence in equity investment. He is also a superb mentor to the younger generation and executives alike.”