New Minister wants to form a state-owned water company

📆 18/07/2024 06:37:00
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In a bid to repair the country’s ailing water infrastructure, a new state-owned water company could be operational as early as 2025 …

What could possibly go wrong when a state-owned water company comes online in 2025, according to the new Minister. Image: File/Fotor

Earlier this year, in March 2024, a bill to form the National Water Resources Infrastructure Agency was passed in Parliament. The goals thereof are to see sweeping reforms in the sector, attract private investment, enforce accountability for non-performance, and remedy outages and poor water quality.Implement water resource management infrastructure.Generate and collect revenue from the sale of water as its primary source of income.

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New state-owned company for water in South Africa coming in 2025The new administration has its sights set on the establishment of a new national water agency as a state-owned company.
Fonte: BusinessTechSA - 🏆 24. / 61 Consulte Mais informação »