South African firms seek water investments to avoid next crisis

South African corporates — which have partnered with the government to revive failing transport and energy networks — are in talks with the state to deal with water availability, which the head of the nation’s business lobby said was “the next crisis.” “Does water supply and water provision have to be done by the public sector, or can it actually be done by the private sector,” Business Leadership South Africa Chief Executive Officer Busisiwe Mavuso said at an event at Bloomberg’s office in Johannesburg. “We are exploring this notion.”