Drive sustainable growth,

Safeguard & increase value, develop & share meaningful insights, whilst developing long-term strategies & effective tactical solutions for businesses.

Drive sustainable growth, Safeguard & increase value.

safeguard & increase value, develop & share meaningful insights, whilst developing long-term strategies & effective tactical solutions for
businesses.

Consulting

Corporate & HNW Individuals

Advisory

Transactions, Tactical & Strategic, Capital Allocation

Fundraising

Debt & Equity

M&A

Buy & Sell

Exit

Review & Preparation

Turnaround

 & Restructuring

Consulting | Advisory | Fundraising | M&A | Exit | Turnaround

What We Do

Msasa Capital is a private investment and financial advisory boutique founded on trust, confidentiality, and excellence. Operating an old-fashioned merchant banking model, we are focused around creating relationships and leveraging our strong networks for our clients benefit.

Why We Do It

At Msasa Capital, we are committed to fostering growth, achieving excellence, and creating value for clients. We focus on teaching, sharing knowledge, and developing innovative solutions through collaboration and expertise, ensuring impactful outcomes.

Our Motivation

We aim to build and maintain meaningful relationships that foster economic growth for our clients and ourselves. We are driven by creating and protecting value for clients, helping them achieve aspirations, whether commercial or personal, and developing long-term strategies.

How We Do It

Through trust and confidentiality, we build on personal connections and networks, drawing on our significant experience, applying strategic knowledge, and working closely with our clients in a robust and open manner, coupled with hard work.

Our Values

Our values are grounded in respect and awareness, fostering strong interpersonal connections built on honesty and collaboration. We are committed to upholding high standards of professionalism while taking responsibility and accountability for our actions, delivering significant value.

What We Do

Msasa Capital is a private investment and financial advisory boutique founded on trust, confidentiality, and excellence. Operating an old-fashioned merchant banking model, we are focused around creating relationships and leveraging our strong networks for our clients benefit.

Why We Do It

To support growth, to achieve excellence, to create and protect value for clients, to teach, to share knowledge, to create and find solutions.

How We Do It

Through trust and confidentiality, by building on personal connections and networks, drawing on our significant experience, applying strategic knowledge, working closely with our clients in a robust and open manner coupled with hard work.

Our Motivation

To build and maintain meaningful relationships that will ultimately foster economic growth for our clients and, in time, for ourselves. We are driven by the goal of creating and protecting value for clients, helping them achieve their aspirations, whether commercial or personal, and developing sustainable long-term strategies.

Our Values

Our values are grounded in respect and awareness, which fosters strong interpersonal connections built on honesty and collaboration. We are industrious and committed to upholding high standards of professionalism, while taking responsibility and accountability for our actions. We look to deliver significant value in all that we do.

Client Focused Team

The team is committed and takes pride in using our seasoned experience to deliver value to our clients through navigating their financial and strategic journeys with confidence and unparalleled attention.

Richard Honey is a Founding Partner and manages the day-to-day activities of Msasa Capital and leads client engagements. Prior to founding Msasa Capital, Richard worked with Investec Asset Management (now Ninety One Ltd), which he joined in 2010 on returning home to Africa from the UK. At Investec, he was responsible for the Zimbabwe Recapitalisation Fund and was also involved in the origination, evaluation and monitoring of investment transactions for other African investment strategies including public equity, private equity and credit. Previously, Richard was a founder of ETV Capital, a specialist pan-European finance provider, where he served as the head of the UK and as a member of the credit committee. Richard and his partners undertook two separate management buyouts during his time at ETV Capital. He has an undergraduate degree from the University of Cape Town and is a member of the South African Institute of Chartered Accountants. He is married and has three children.

Heinrich von Pezold is a Founding Partner and focuses on the strategic elements of transactions and business development for Msasa Capital. Alongside his role at Msasa Capital, Heinrich was a founder of Rift Valley Corporation, one of the largest agro-industrial groups in southern Africa. He is also Chairman of Forrester Estate, a large integrated farming enterprise, and manages other African investments on behalf of his family, as well as the family’s Austrian business. He holds a Master’s Degree from the University of Oxford and a Bachelor Degree from City University, London. He is married and has two children.

Ronald Makoni is an Advisor to Msasa Capital. Ronald joined Msasa Capital in 2016 as an Analyst and rose to the position of Partner before re-locating to Mauritius. Ronald continues to assist Msasa Capital in various engagements and provides accounting, taxation and corporate finance input. He is a Chartered Accountant (Zimbabwe) and prior to working at Msasa Capital, he trained and worked at AMG Global Chartered Accountants where he gained experience in accounting, auditing, taxation and IT consultancy. He holds a degree and post graduate diplomas in accounting sciences from UNISA among other various professional certificates.

Libalele (Lee) is the Associate Director at Msasa Capital. Prior to working at Msasa Capital, Lee worked in audit at EY (UK), finance and investment banking at Stanbic (Zimbabwe), and investment management at Citi Private Bank (US) and Nurture Capital Agri Holdings (Zimbabwe). He holds an MSc in Behavioural Economics from the University of Exeter (UK). Additionally, Lee was awarded a PGC in International Business from the University of Chester (UK) and holds an Investment Foundations certificate from the CFA Institute. At Msasa Capital, Lee serves as a liaison between the Partners and the Analysts, managing internal and external relationships. Additionally, he assists the Partners with business and client strategy and leads various projects and transactions.

Byron is a Senior Analyst at Msasa Capital. Before joining Msasa Capital, Byron worked as a Quantitative Analyst at Nurture Capital Agri Holdings. He holds a BSc in Actuarial and Financial Mathematics from the University of Pretoria and an MSc in Applied Statistics from the University of Zimbabwe. Byron is a CFA Level II candidate and holds the Financial Modelling & Valuation Analyst (FMVA), Capital Markets & Securities Analyst (CMSA), Commercial Banking & Credit Analyst (CBCA) and Business Intelligence & Data Analyst (BIDA) designations from the Corporate Finance Institute. At Msasa Capital, Byron leads financial modelling and valuation work across the firm’s advisory mandates, developing integrated financial models to support investment decisions for clients in retail, manufacturing, real estate and agriculture. He also manages the firm’s macroeconomic platform.

Eryn is an Analyst at Msasa Capital. Before joining Msasa Capital in March 2025, Eryn worked at an accounting firm supporting clients across financial reporting, management accounts and tax. She holds a Bachelor of Accounting from Stellenbosch University and is currently completing the CFI Financial Modelling & Valuation Analyst (FMVA) certification. At Msasa Capital, Eryn is responsible for financial analysis, accounting and reporting, as well as supporting client engagements.

Stephen is an Analyst at Msasa Capital. Before joining Msasa Capital in August 2025, Stephen spent over five years at St John’s College, Harare, where he held a range of academic and leadership roles, including Business Studies Teacher and Faculty Co-ordinator of the Student Mentorship Programme. He is currently completing a BSc in Business and Management through the London School of Economics. At Msasa Capital, Stephen is responsible for financial analysis, management reporting, and equity research, as well as supporting client engagements.

Bonnie is the Executive Assistant at Msasa Capital. Prior to joining Msasa Capital in 2024, Bonnie worked in the UK for Lloyds Banking Group in customer services across various departments. At Msasa Capital, Bonnie is responsible for office management, executive support to the Partners and wider team, meeting and diary management, client correspondence and liaison, and treasury duties. She also provides wider operational support across the business.

Client Focused Team

The team is committed and takes pride in using our seasoned experience to deliver value to our clients through navigating their financial and strategic journeys with confidence and unparalleled attention.

Richard Honey
Heinrich von Pezold
Ronald Makoni
Libalele Mwamuka
Byron Chikwanda
Eryn Jones
Stephen Sakuhuni
Bonnie Hewitt

Client Focused Team

The team is committed and takes pride in using our seasoned experience to deliver value to our clients through navigating their financial and strategic journeys with confidence and unparalleled attention.

R. Honey

Partner

H. Pezold

Partner

R. Makoni

Advisor

L. Mwamuka

Associate Director

Byron

B. Chikwanda

Senior Analyst

Byron

E. Jones

Analyst

S. Sakuhuni

Analyst

B. Hewitt

Executive Assistant

Industry Experience

We have a broad base of industry experience, both through work done as Msasa Capital and separate work done by Team members. Some examples of key sectors where we have strong experience are outlined below:

Mining

 & Mining Services

Financial Services

Banking, Asset Management & Investment Banking

Retail

Agriculture

Energy

Property

Technology

Tourism & Hospitality

Transport & Logistics

Industry Experience

We have a broad base of industry experience, both through work done as Msasa Capital and separate work done by Team members. Some examples of key sectors where we have strong experience are:

Mining, Financial Services, Retail, Agriculture, Energy, Property, Technology, Tourism & Hospitality and Transport & Logistics.

Contact Us

Email:

info@msasacapital.com

Telephone:

+263 777 791 321

Address:

5 Midvale Road, Chisipite, Harare

Contact Us

Email:

info@msasacapital.com

Telephone:

+263 777 791 321

Address:

5 Midvale Road, Chisipite, Harare