2022-09-28

TNLiveNews

Minute to Minute NEWS!

South Africa: Private Sector Investment Key to Achieving Water SDGs – AllAfrica – Top Africa News

Water and Sanitation Minister, Senzo Mchunu, says there is a need to increase private sector involvement in water services to achieve the 2030 Sustainable Development Goals (SDGs).
Mchunu was speaking at the International Water Association (IWA) World Water Congress held in Copenhagen, Denmark.
The congress, held from 11 – 15 September 2022, brought together core water sector groups, including those focused on urban water and urban water services.
It also included participants from industry and agriculture, architects and urban planners, soil and groundwater experts and hydrologists, social scientists, the Information and Communications Technology (ICT) sector and financial sector, amongst others.
This year’s global meting conference focused on innovative funding for SDGs and climate change.
Mchunu was invited by Danish Ministers for Development Cooperation, Flemming MØller Mortensen and Environment, Lea Wermalin, to present at the high-level summit and to share South Africa’s experiences.
During the visit, Mchunu strengthened bilateral cooperation between the two countries under the auspices of a programme run by the department’s Director-General, Dr Sean Phillips.
Mchunu said some of the challenges that hinder achieving the SDGs are the way municipalities run water and sanitation services.
He said municipal water supply is supposed to be managed as a self-sustaining business, with maintenance, operation and refurbishment costs covered by revenue from the sale of water.
“In many municipalities, water and sanitation services are in a poor state and deteriorating, and the percentage of the population with access to reliable and safe water and sanitation services is declining.
“Causes include weak governance and corruption, poor billing and revenue collection, poor asset management, operations management, maintenance and a lack of recruitment of people with the required qualifications and experience,” Mchunu said.
He added that, where there is a constraint in municipalities in terms of finance and expertise, there is substantial expertise in the private sector, and banks and pension funds.
However, he said private sector involvement in municipal water and sanitation services is considerably low compared to other middle-income countries.
“The reason for this is a lack of capacity in municipalities to take bankable projects to the market, coupled with a public-private partnership (PPP) regulatory framework, which means it takes 8 – 12 years to facilitate a PPP.
Get the latest in African news delivered straight to your inbox
By submitting above, you agree to our privacy policy.
Almost finished…
We need to confirm your email address.
To complete the process, please follow the instructions in the email we just sent you.
There was a problem processing your submission. Please try again later.
“In this context, we are… putting in place public-private collaboration agreements with industries, such as the mines and agriculture, for joint funding of infrastructure projects. This will simultaneously provide bulk water to industry and reticulated water to communities.
“[We are also] putting in place a Water Partnerships Office (WPO) to assist municipalities [on how] to contract for PPPs and independent water producers (IWPs),” Mchunu said.
The WPO is a ring-fenced entity in the Development Bank of Southern Africa, and the work of such a WPO will be assisted by reforms of the PPP regulatory framework currently being finalised by National Treasury.
Mchunu assured stakeholders that South Africa is keen to learn from the experience of other countries, as it embarks on this journey.
Read the original article on SAnews.gov.za.
AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.
Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.
AllAfrica is a voice of, by and about Africa – aggregating, producing and distributing 500 news and information items daily from over 100 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC.
Get the latest in African news delivered straight to your inbox
By submitting above, you agree to our privacy policy.
Almost finished…
We need to confirm your email address.
To complete the process, please follow the instructions in the email we just sent you.
There was a problem processing your submission. Please try again later.

source