Sanitation
The Minas Gerais State Audit Court concluded a conciliation round on Thursday between Copasa and the Association of Mineiro Municipalities. The deal will expand sewage collection and treatment services to 273 municipalities that currently have only water supply.
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Itaúsa, the holding company controlling Itaú, faced a R$ 700 million negative impact on net equity from Aegea Saneamento's accounting review. Aegea, Brazil's leading private sanitation firm, revised figures from 2020 to 2024, wiping out R$ 5 billion from its net equity and cutting 2024 profit. The company's IPO was postponed to 2027.
Social media buzzes with discussions on many Kenyans struggling to squat properly when using rural pit latrines. Gastrointestinal experts emphasize that squatting aids easier bowel evacuation and prevents issues. Scientific studies support these claims.
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The Cade's General Superintendence approved without restrictions Sabesp's acquisition of Emae control in a R$ 1.13 billion deal. Phoenix fund, owned by Nelson Tanure which held the shares, alleged irregularities, but the request was denied. The deal still requires Aneel approval.