Cape Town’s water: heading in the wrong direction
Capetonians must heed the warning of Day Zero in 2018 if another water crisis is to be averted. Despite warnings by the City of Cape Town to curb water demand and implement water-saving measures, the city’s water supply is moving in the wrong direction.
South Africa’s Economic Growth Affected By Mismatch Of Electricity Supply and Demand
South Africa’s electricity sector has faced a series of challenges over the last two decades. It started with inadequate grid infrastructure to provide electricity to the majority of the South African population in the 1990s. In 1994, only 36% of total households were electrified; 50% of the urban population and 12% of the rural population.
Particularly in the middle of the 2000s, the national utility, Eskom, ran into liquidity and profitability problems. It received frequent government bailouts. The 2022 national budget allocated R21.9 billion (about US$1.5 billion) to Eskom.
Africa Faces Hard Knocks As Rich Countries Take Manufacturing Back Home
The global economic crisis triggered by the outbreak of the COVID pandemic in 2020 and Russia’s invasion of Ukraine in February this year has intensified the risk of declining trade integration between countries. A process referred to as the deglobalisation of trade.
The pandemic sent shocks through supply chains across the world. As a result, companies in some advanced economies have started to prioritise bringing production that was previously outsourced to Asia back home – or closer to home. The expectation is that this will avert ongoing – and future – supply-chain disruptions, ensuring a steady and reliable supply of goods.