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Karachi water board decides grand operation against defaulters

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KARACHI: The Karachi Water and Sewerage Board (KW&SB) has decided to launch a grand operation against defaulters including private cooperative housing societies, ARY News reported on Wednesday. The Karachi Water and Sewerage Board (KW&SB) has decided to conduct a grand operation on October 14 against 18 private cooperative housing societies. The housing societies have dues of KW&SB worth more than Rs47.6 million. The water board had given a one-week deadline to the housing societies to clear the dues which would be expired on Thursday (tomorrow). In the first phase of the operation, water connections of the societies will be disconnected and later, sewerage connections will be removed in the second phase. The KW&SB decided to increase its revenue and tax database. The institution wrote a letter to the Sindh Building Control Authority (SBCA) and sought details of buildings, flats and plazas in Karachi. READ: Rangers, police seal five illegal water hydrants in Karac
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Shanghai Electric makes offer to acquire K-Electric again

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China’s state-owned Shanghai Electric Power (SEP) has made an offer of $1.77 billion again to acquire the sole power company in Karachi – K-Electric’s shares, ARY News reported on Wednesday. Shanghai Electric has once again shown interest in acquiring the shares of K-Electric and made a new offer worth $1.77 billion. The investment advisor of the Saudi group Shan Abbas Ashari told the media in Karachi today that the major shareholder – Al-Jomaih Power Limited of Saudi Arabia – hinted at selling its shares at the price of $2 billion. Related: Abraaj sells K-Electric shares to Shanghai Electric worth $1.77 bn Shan Abbas Ashari said that the deal with Shanghai Electric will be signed again. He added that SEP had made the $1.77 billion offer to own K-Electric many years ago which would be revised now. The investment advisor of the Saudi group said that the electricity demand in Karachi should have reached 5,000 MWs. He added that the demand would be increased if all industries were s
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War-torn Sudan faces ‘catastrophe’ as UN runs out of funds

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Of nearly 25 million people in need, the United Nations has only been able to reach a fraction, according to the head of the UN’s humanitarian response in war-torn Sudan. But assistance to even those four million could soon stop, Clementine Nkweta-Salami told AFP in an interview, if the chronic lack of funding continues. The UN’s humanitarian Coordinator for Sudan says eight months into a conflict between rival generals that has torn the country apart, the situation is “catastrophic”. Aid workers have called it the “forgotten war”. On April 15, army chief Abdel Fattah al-Burhan and his former deputy Mohamed Hamdan Daglo, who commands the paramilitary Rapid Support Forces, turned their weapons on each other. Two years after the former allies co-engineered a 2021 coup sidelining civilians from power, their forces have killed more than 12,190 people in their brutal struggle for power, according to the Armed Conflict Location & Event Data Project (ACLED). That figure is only a c
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