SA: privatisation hangs in the balance
- From: Vol 3, Issue 1 (January 2002)
- Category: General
- Region: Africa
- Country: South Africa
- Related Companies: Biwater, Northumbrian Water, PricewaterhouseCoopers, Saur, Suez and Umgeni Water
South Africa is undoubtedly the most attractive market in Africa for water sector investment. This is not only because of the potential profits to be made within the country itself but also because it is a gateway to much of the rest of the continent. South African corporates, such as power company Eskom, are already establishing themselves in the region but there is as yet no comparable water utility based in Africa.
However, it is important not to exaggerate the importance of continental expansion when considering investment in South Africa. The South African economy as a whole and the water industry in particular, are far more advanced than those in most of the rest of the continent, and the country continues to account for around 70% of sub-Saharan Africa’s GDP. Sizeable ...
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