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Sanitation solution developed for underserved communities, schools
Published: 26 Apr 24
The introduction of the Enviro Loo Clear Non-Sewered Sanitation System (NSSS) marks a substantial advance in addressing pressing issues of sanitation and water scarcity, says sanitation service provider Enviro Loo COO Mark La Trobe. The self-sustaining, flushing toilet system that recycles 100% of used water targets underserved communities, and is environmentally sustainable and practical for widespread implementation.
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Jetting units used proactively in maintenance
Published: 26 Apr 24
Severe flooding events along South Africa’s coastal regions have underscored the crucial role of resilient infrastructure in managing excessive rainfall, says pumps supplier Werner Pumps, which has committed to delivering 50 custom-built vehicles, at five vehicles a month, to a municipality in KwaZulu-Natal, as a proactive measure. The municipality commissioned the truck-mounted jetting units to enhance the capability to efficiently clear stormwater drains and sewerage systems within its jurisdiction.
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BHP’s mega bid for Anglo sets stage for industry shakeup
Published: 25 Apr 24
Australia-headquartered BHP has made a bold move with its bid to acquire rival Anglo American in an all-share deal valued at $38.8-billion. With this manoeuvre, BHP aims to create the largest copper miner globally, but it could face scrutiny from Anglo shareholders over valuation concerns.
Commenting on the proposed deal, Wood Mackenzie mining and metals corporate research director James Whiteside remarked that the transaction would represent the biggest shakeup of the global mining industry in more than a decade.
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Anglo American share price shows traders want a sweeter bid
Published: 25 Apr 24
Traders are pushing Anglo American Plc shares above the value of BHP Group’s takeover proposal, a sign they expect a higher bid from the suitor or an interloper.
BHP’s proposal, which values the target at £31.1-billion ($38.9-billion), has several moving parts — it calls for Anglo shareholders to receive BHP shares, plus stock in two listed Anglo units that would be spun off.
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Electrical specialist says load curtailment in Ekurhuleni should be respected, or more outages may ensue
Published: 25 Apr 24
With the City of Ekurhuleni having entered into a load curtailment agreement with national power utility Eskom, this mandatory energy reduction has been met with some protest by businesses, but electrical control equipment provider CBI-electric:low voltage engineering executive Dr Andrew Dickson says the alternative is worse. Eskom took over control of loadshedding in Ekurhuleni in March, after the city reportedly failed to execute power outages when required. The metro had since negotiated a load curtailment agreement with Eskom, which requires that businesses reduce their electricity consumption by 30%.
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Vale sees no impact from BHP-Anglo American deal on Minas-Rio project
Published: 25 Apr 24
Brazilian miner Vale sees no impact from BHP Group's bid for Anglo American on the latter's Minas-Rio project, its CEO, Eduardo Bartolomeu, said on Thursday.
"We don't see any impact on the Minas-Rio deal. It's being done, of course, by Anglo and will be respected by whoever comes after, if they come after," said the CEO, during a conference call with analysts on the firm's first-quarter results.
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Mantashe signals opposition to BHP-Anglo deal
Published: 25 Apr 24
South African Mines Minister Gwede Mantashe signaled his opposition to BHP Group Ltd.’s proposed takeover of Anglo American. The offer by the world’s largest miner envisages an all-share deal in which Anglo American would first spin off controlling stakes in South African platinum and iron-ore companies to its shareholders before being acquired by BHP. The proposal values Anglo American at £31.1-billion ($38.8-billion)
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Tribunal approves Vitol’s buyout of Engen
Published: 25 Apr 24
The Competition Tribunal has approved the proposed acquisition of petrol station brand Engen by independent energy marketing and trading company Vitol Emerald, subject to a set of competition and public interest conditions. The tribunal’s order follows a hearing last month during which it heard submissions from the Competition Commission, the merging parties, the Department of Trade, Industry and Competition (dtic), Sasol South Africa, Astron Energy South Africa, the National Union of Metalworkers of South Africa, and the Chemical, Energy, Paper Printing, Wood and Allied Workers Union. Following the hearing, the tribunal requested additional submissions from the commission, the merging parties, Sasol and Astron Energy. MERGING PARTIES Vitol supplies and distributes crude oil, petroleum products and natural gas globally.
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