The 30-year deal spearheaded by Britain's BiWater and signed in Mpumalanga's capital Nelspruit in 1999 was supposed to rapidly expand basic water services into the region's impoverished villages without placing a financial burden on the taxpayer.
Cape plc will pay out only a third of the amount promised to the victims of its local asbestos-mining operations. The dramatic reduction will, Meeran warned, prevent any compensation for future victims of asbestos pollution or other exposure at Capeâ€™s abandoned mines. However, South African investment holding company Gencor is supplementing the settlement
Lawyers for South Africa's asbestos victims intend using their victory against mining giants Gencor and Gefco as a precedent for suing the country's even larger gold mines. Attorney Richard Spoor said that about 500 000 gold miners had been abandoned penniless.