Cape Town needs up to R12bn to avert future water crises – Moody’s
Cape Town would need between R8bn and R12bn over the next five years for water and sanitation infrastructure to deal with its water crisis properly and avoid future water supply crises, according to a report released by Moody's Investors Service on Monday. The money needed would, therefore, be 95% more compared to the previous five years. According to the ratings agency, the water crisis will have a direct impact on […]