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.
Transformation expected to be key in ABSA search for new CEO
Commenting on ABSA’s search for a replacement CEO, Mergence Co-Portfolio Manager, Radebe Sipamla, said that while appointing the current acting