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Hult Global Case Challenge - Alleviating Poverty Through Housing

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Hult Global Case Challenge - Alleviating Poverty Through Housing








South African Invention in line for global honoursAlleviating Poverty Through Housing
A Port Elizabeth company has reached the finals of a R7-million ($1-million) global challenge to solve the crisis of creating secure and affordable shelter for the poor. Over 100 presentations from around the world were submitted for the 2012 Hult Global Case Challenge, in the housing category –  and just six, including PE’s Moladi Housing Technology, have made the cut. Patented by PE inventor and Moladi founder Hennie Botes, the Moladi model was presented at the regional final in London earlier this month, by Kingston University, and the team is now bound, next month, for the finals in New York. Started by Hult international business school, with the aim of finding global solutions to alleviating poverty, the Hult challenge focuses on energy, education and housing. The competition is linked to the Clinton Global Initiative – and one of the…

moladi Housing Technology, in finals of global contest - SABC News

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moladi Housing Technology, in finals of global contest - SABC News







A South African housing construction company, Moladi Housing Technology, has made it to the finals of a prestigious international competition for providing affordable houses for the poor. The Port Elizabeth-based company is in the final six in the 2012 Hult Global Case Challenge. One of the judges is former United States President Bill Clinton, whose foundation wants to build millions of houses in Africa. The company has been building quality, cheap and affordable houses, schools and clinics for 26 years in poor communities around the world. It takes only a day to construct a building using its unique method, which comprises a plastic mould that is simply filled with a mixture of cement, sand, chemicals and water. The company also prides itself on using local unskilled labour and creating jobs The judging panel has inspected buildings erected more than 20 years ago and found no defects. The company also prides itself o…

PE housing company in finals of global contest - SABC News.com

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SABC News.com - PE housing company in finals of global contest:Monday 26 March 2012



A South African housing construction company, Moladi Housing Technology, has made it to the finals of a prestigious international competition for providing affordable houses for the poor. The Port Elizabeth-based company is in the final six in the 2012 Hult Global Case Challenge. One of the judges is former United States President Bill Clinton, whose foundation wants to build millions of houses in Africa. The company has been building quality, cheap and affordable houses, schools and clinics for 26 years in poor communities around the world. It takes only a day to construct a building using its unique method, which comprises a plastic mould that is simply filled with a mixture of cement, sand, chemicals and water. The company also prides itself on using local unskilled labour and creating jobs The judging panel has inspected buildings erected more than 20 years ago and found no defects. The company als…

Clinton Global Initiative - Alleviating Poverty Through Housing

Clinton Global Initiative - Alleviating Poverty Through Housing




PE invention in line for global honours
A Port Elizabeth company has reached the finals of a R7-million ($1-million) global challenge to solve the crisis of creating secure and affordable shelter for the poor. Over 100 presentations from around the world were submitted for the 2012 Hult Global Case Challenge, in the housing category –  and just six, including PE’s Moladi Housing Technology, have made the cut. Patented by PE inventor and Moladi founder Hennie Botes, the Moladi model was presented at the regional final in London earlier this month, by KingstonUniversity, and the team is now bound, next month, for the finals in New York. Started by Hult international business school, with the aim of finding global solutions to alleviating poverty, the Hult challenge focuses on energy, education and housing. The competition is linked to the Clinton Global Initiative – and one of the judges in New York is scheduled…

Affordable housing creating jobs - moladi

Affordable housing creating jobs, fostering economic growth and sustainable communities in South Africa

The housing construction sector boasts one of the highest employment multipliers in South Africa, and has the potential to significantly address unemployment in the country, according to research findings released this week. The 10-month long study, conducted by a team under University of Cape Town associate professor Francois Viruly, audited the social and economic impact of affordable housing developments commissioned by International Housing Solutions, a global private equity investor which has financed projects with a combined total value of more than R7.8 billion. The research had two objectives: to determine the indirect benefits derived from living in integrated affordable housing developments, and the job creation impact of such developments. “The research breaks new ground, as little research has been undertaken to measure the indirect economic as well as social benefits that t…