Umgeni Water

8 articles about "Umgeni Water"

COMPANY RESULTS Vol 4, Issue 2 (February 2003)

South Africa: Umgeni Water slipped back into the red for the interim period to December 2002. The company reported a loss of R7.1 million ($850,000).

Umgeni moves out of the red Vol 3, Issue 11 (November 2002)

Thanks to a cost-pruning programme.

Umgeni: new tariffs but bad PR continues Vol 3, Issue 10 (October 2002)

Troubled South African company Umgeni Water has set out its new tariff plans in an attempt to get the company back on track.

Challenging times ahead in Nigeria Vol 3, Issue 6 (June 2002)

The tender process for the contract to run water services for the Lagos State Water Corporation (LSWC) is starting to trigger interest in the Nigerian water sector as a whole. A federal bill permitting widespread private involvement in the sector is completing its passage through the legislature and a series of other contracts may follow the Lagos concession. However, any foreign private companies interested in Nigeria will face a multitude of challenges as well as opportunities.

Umgeni/Outsors latest Vol 3, Issue 4 (April 2002)

THE SOUTH AFRICAN WATER UTILITY, UMGENI WATER has suspended, but not abandoned, plans to interdict Specialised Outsourcing (Outsors) from paying a 125c per share dividend to its shareholders, following legal advice not to pursue the issue.

Umgeni Water update Vol 3, Issue 2 (February 2002)

CROMET MOLEPO, the axed chief executive of Umgeni Water, has filed an application to the Pretoria High Court in which he alleges that he was ousted because of his investigation into the company’s 1997 contract with Specialised Outsourcing (Outsors).

SA: privatisation hangs in the balance Vol 3, Issue 1 (January 2002)

South Africa is undoubtedly the most attractive market in Africa for water sector investment. This is not only because of the potential profits to be made within the country itself but also because it is a gateway to much of the rest of the continent. South African corporates, such as power company Eskom, are already establishing themselves in the region but there is as yet no comparable water utility based in Africa.

Africa: two steps forward and one step back Vol 2, Issue 12 (December 2001)

The process of state withdrawal from the water sector in Africa is moving very slowly, despite World Bank and IMF insistence that water sector loans and aid should be linked to private sector participation. Most progress has been made in the Sahelian countries of West Africa, where the French utility giants have made some notable gains. However, in the larger economies of the African continent, and in the countries where most investment could be made, the politics of water is hindering further progress.