Murray & Roberts Water (MRW), together with its European technology partner, Organica Water, on Wednesday launched an innovative, environment-friendly wastewater treatment plant that closely resembles a greenhouse at the eThekwini municipality’s Verulam Wastewater Treatment Works. The first of its kind in South Africa, the new demonstration plant not only eliminates the unpleasant odours usually associated with wastewater treatment facilities but also produces 30% less sludge, uses 30% less energy and has a 50% to 75% smaller geographic footprint.

JSE-listed real estate investment trust Growthpoint Properties has successfully priced its inaugural US dollar-dominated eurobond, the proceeds of which will be used to fund its expansion in Central and Eastern Europe (CEE).

Power development company Ncondezi Energy is reviewing updated proposals for the engineering, procurement and construction (EPC) and operations and maintenance (O&M) contracts for its integrated 300 MW power and coal mine project in Tete, Mozambique.

As it continues to seek support from Murray & Roberts (M&R) shareholders for its R15 a share buyout offer, German investment company Aton on Tuesday released salient information related to its buyout offer to address “stakeholder concerns”.

The City of Johannesburg’s draft Inclusionary Housing Policy, which is currently out for public comment, is not a workable solution and may, in its current form, deter the private sector from developing residential units, says the South African Property Owners’ Association (Sapoa). Sapoa CEO Neil Gopal explains that the draft does not address the “many complex matters associated with the question of affordable housing”, including residential market realities, or the financial and social consequences of such a policy.