South Africa will need R570-billion for investment in the water value chain in the next 10 years, says the department of environmental affairs.
Over R570-billion will be needed for investment across South Africa’s water value chain, in the coming 10 years, according to Minister for Water and Environmental Affairs Edna Molewa.
The money is needed to pay for water resources infrastructure, water services and water conservation and demand management across national government, municipalities and the country’s existing 12 water boards.
The vast funding needs raise the probability that water tariffs for consumers are likely to rise in the coming years.
Molewa was speaking at a briefing in Cape Town on the progress being made in her department’s turnaround strategy.