https://en.sputniknews.africa/20241020/south-african-businesses-team-up-with-government-to-tackle-water-crisis-1068780130.html
South African Businesses Team Up With Government to Tackle Water Crisis
South African Businesses Team Up With Government to Tackle Water Crisis
Sputnik Africa
According to the World Resources Institute, South Africa ranks as the 22nd most water-stressed country globally, situated between the largely arid nations of... 20.10.2024, Sputnik Africa
2024-10-20T11:22+0200
2024-10-20T11:22+0200
2024-10-21T13:48+0200
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South Africa's biggest companies, united under Business for South Africa (B4SA), are expanding their partnership with the government to tackle the nation's water crisis.The businesses are already collaborating on energy, logistics, and crime reduction. B4SA now aims to prevent a potential water shortage in Gauteng Province, home to nearly 16 million people, including Johannesburg and Pretoria, media reported.Gauteng faces a critical water shortage due to aging and poorly maintained infrastructure. Rand Water, Africa's largest bulk water supplier, has warned that consumption must be drastically reduced to avoid a crisis.B4SA, backed by over 140 major companies, believes the private sector can play a key role in addressing the water crisis. The group reportedly plans to gather information on existing private sector initiatives and then propose a partnership with the government. This partnership, they believe, will require the right regulatory framework to encourage private investment in water infrastructure. A decision on the partnership's specifics will be made in the coming months, according to the media.
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south africa, southern africa, cape town, johannesburg, water security, crisis, business, economy, cooperation, company, investment, partnership, strategic partnership, infrastructure, energy, energy crisis
South African Businesses Team Up With Government to Tackle Water Crisis
11:22 20.10.2024 (Updated: 13:48 21.10.2024) Ekaterina Shilova
Writer / Editor
According to the World Resources Institute, South Africa ranks as the 22nd most water-stressed country globally, situated between the largely arid nations of Namibia and Iraq. The non-profit research company highlights that South Africa utilizes over 80% of its renewable water resources annually.
South Africa's biggest companies, united under Business for South Africa (B4SA), are expanding their partnership with the government to tackle the nation's water crisis.
The businesses are already collaborating on
energy, logistics, and crime reduction. B4SA now aims to prevent a potential water shortage in Gauteng Province, home to nearly 16 million people, including Johannesburg and Pretoria, media reported.
Gauteng faces a critical water shortage due to aging and poorly maintained infrastructure. Rand Water, Africa's largest bulk water supplier, has warned that consumption must be drastically reduced to avoid a crisis.
B4SA, backed by over 140 major companies, believes the private sector can play a key role in addressing the water crisis. The group reportedly plans to gather information on existing private sector initiatives and then propose a
partnership with the government. This partnership, they believe, will require the right regulatory framework to encourage private investment in water infrastructure. A decision on the partnership's specifics will be made in the coming months, according to the media.