In this thinkpiece on water, Chito Siame, Investment Principal at Mergence Investment Managers, takes a look at the water situation in SA. While the crisis is dire, there is some movement on the part of the authorities. Chito also explains that Public Private Partnerships are a way to mobilise capital and that the PPP that Mergence has with SA Water Works could serve as a model for other municipalities. Mergence is the only asset manager to be invested in the only two private water concessions in SA.
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Absa CEO Arrie Rautenbach steps down as the group’s valuation continues to lag that of its peers
Commenting on Absa’s results and the surprise announcement of CEO Arrie Rautenbach stepping down, Mergence Senior Analyst Radebe Sipamla said