National Bank of Malawi (NBM) plc and NBS Bank plc can now proceed to loan Khato Civils K105 billion for the Salima-Lilongwe Water Project following the lifting of an order stopping the process. The Malawi Supreme Court of Appeal made the order yesterday, putting aside the injunction the High Court of Malawi Commercial Division earlier
President Lazarus Chakwera and several cabinet ministers, including the Malawi Minister of Health, have been condemned for breaching Covid-19 rules at a
After abandoning Giyani water project for non-payment, SA company earns high praise in Botswana news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.
…. Calls for AFCFTA to be the catalyst to build Africa’s water infrastructure
The United Nations warns that the world could face a 40 per cent shortfall in water supply by 2030, with Africa – which already suffers from greater levels of water stress than other regions – likely to bear the brunt. The economic impact of the shortfall in water infrastructure and supply is already severe. Sub-Saharan Africa currently loses an estimated 5 per cent of its annual gross domestic product (GDP) due to poor access to clean drinking water and sanitation, 5 to 25 per cent of its GDP to droughts and floods in affected countries, and 40 billion hours of otherwise productive time annually, collecting water. Having delivered on sustainable water supply projects in the SADC region, South African-based construction and engineering firm, Khato Civils, has announced its intention to expand across the continent and play its part in tackling Africa’s infrastructure shortfall. The African Contine