From Creamer Media in Johannesburg, this is the Real Economy Report.
Sashnee Moodley:
Water and Sanitation Minister Nomvula Mokonyane has officially visited the Eastern Basin acid mine drainage treatment plant, in Springs, where she heaped high praise on the facility and its operators. Ilan Solomons was there and filed this report.
Ilan Solomons:
Speaking during a visit to the plant last month, the Minister highlighted that the plant formed an integral part of the Department of Water and Sanitation’s R12-billion long-term plan to combat the risks posed by acid mine drainage.
The opening of a third high-density sludge treatment plant in Gauteng was not only addressing the challenge of acid mine drainage, but also constituted one of a critical number of ways that government sought to ensure the continued supply of water to the province, said Mokonyane.
Interview: Water and Sanitation Minister Nomvula Mokonyane
Ilan Solomons:
Eastern Basin acid mine drainage treatment plant manager Roelof van Wyk elaborates on the important role the plant is playing in preventing negative environmental events occurring in the region.
Eastern Basin AMD treatment plant manager Roelof van Wyk
Ilan Solomons:
Van Wyk further unpacks the core components that make up the plant, which services a surface area of about 768 km2.
Eastern Basin AMD treatment plant manager Roelof van Wyk
Ilan Solomons:
Van Wyk notes that the plant which is operated by industrial water treatment company Tecroveer Thanda Manzi, under the auspices of the of State-owned water management and project implementation body, the Trans-Caledon Tunnel Authority is producing treated water that is improving the quality of the water that is being transferred into the Vaal river system.
Eastern Basin AMD treatment plant manager Roelof van Wyk
Sashnee Moodley:
Other news making headline this week:
Ekurhuleni launches new R8.9bn housing settlement in Boksburg
JSE results shows strong investment appetite remains
And, Difficult trading conditions dull Clover’s H1 financial performance
A new R8.9-billion housing development project on the East Rand of Gauteng is set to provide 22 000 houses over the next seven years.
MMC for Human Settlements Lesiba Mpya
Investor appetite in South Africa remains robust, despite the county having navigated a “particularly noisy socioeconomic environment” during 2016.
JSE CEO Nicky Newton-King
As Clover Industries works its way through muted trading and economic conditions, the JSE-listed group is progressing a number of strategies to set it back on a growth path.
Clover CEO Johann Vorster
Sashnee Moodley:
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.