<\/p>\n
South Africa plans to tap private investors to tackle the country\u2019s water crisis by developing blended-finance projects and accelerating a pipeline of bankable infrastructure investments.<\/p>\n
The push comes as deteriorating municipal water systems threaten public health and economic activity in Africa\u2019s biggest economy.<\/p>\n
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42 errant municipalities off Godongwana\u2019s naughty list<\/p>\n
The National Water Action Plan released by the presidency on Thursday said public funds would not be sufficient to address infrastructure backlogs alone. It sees supplementary capital being raised through public-private partnerships, performance-based contracts and management agreements, arguing that revenues from the sale of piped water can attract private-sector financing.<\/p>\n
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\u201cProgress is already underway with major national water infrastructure projects worth R130 billion ($7.7 billion ) unblocked and now being implemented, largely through private sector financing,\u201d according to the presidency.<\/p>\n
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Johannesburg is not poor, it is badly managed
Joburg is losing R10bn a year to water leaks and crumbling infrastructure<\/p>\n
Almost three quarters of water service authorities are rated poor or critical, and 81% of municipal wastewater infrastructure is in poor or critical condition. Nearly half of treated water is lost through leaks, theft or faulty metering before generating revenue, the document said.<\/p>\n
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The presidency said the crisis is a result of deteriorating infrastructure and collapsing municipal management, not water scarcity.<\/p>\n
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Local government failure is now systemic, engineers warn<\/p>\n
\u201cSuccess will be reflected in the removal of key barriers to private-sector participation, enabling it to play a greater role in delivery.\u201d<\/p>\n
\u00a9 2026 Bloomberg<\/p>\n
#South #Africa #seeks #private #capital #tackle #water #crisis<\/p>\n","protected":false},"excerpt":{"rendered":"
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