DStv Channel 403 Tuesday, 15 October 2024

SA's water crisis | Water boards on brink of bankruptcy

JOHANNESBURG - Large parts of the country may soon find themselves reaching Day Zero.

This is not because of a lack of water, but due to financial mismanagement.

Magalies Water, which provides water to three provinces, could go bankrupt by May next year.

Vaal Central Water is forecast to follow in June.

We discuss this further with Magalies Water CFO, Matshidiso Tabane.

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