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South Africa is also experiencing severe drought, which may be having major implications for the Western Cape's economy. Officials now believe the crisis could create a multi-billion dollar water economy. There's been major growth in the manufacturing sector and water-related technologies, as Cape Town residents gear up for the new normal in water consumption. Travers Andrews reports.
For the last three years, water tanks have become somewhat of the poster child for the Western Cape's drought but now that day zero is going to be avoided for this year,many are thinking if splashing the cash was even a good idea Well according to stakeholders,it was and will be for a very long time to come, as the entire region begins to shift its mindset about the use of this increasingly scarce commodity. The water crisis may have had terrible consequences for many so far but officials believe, out of the ashes will rise a Mother City seen as a global leader in the water economy
ALAN WINDE MINISTER OF ECONOMIC OPPORTUNITIES "We are seeing an eco-system developing and we've had this once before with energy, where we found really we were recognized globally by Moody's reporting that we had one of the fastest growing green economies in the world, on the back of the energy crisis that we had and I think this water crisis has created the same opportunity."
Consumers have already cut their water usage by 50% inside of 18 months, which is unheard of in other major destinations and almost every house is fitted with water saving device in one form or another. The entire world, has watched as the dams ran dry, day by day, triggering a national disaster and many countries have been keeping abreast of events, so they can best prepare themselves to be drought resilient.
ALAN WINDE MINISTER OF ECONOMIC OPPORTUNITIES "We know that we not the only city that is caring this, there is more than 120 around the world that are in a water crisis of some sort and getting worse with climate change."
The success of local agricultural sector has also not gone unnoticed as ground water aquifers and recapturing techniques make them increasingly drought resilient and even bullish about the future
DEON KOEN FARM MANAGER, DEW CRISP "It can be 100% doubled in increase in production because if people can help us from the government side, then we can employ more people and we can give them more work and we can be double production wise on the farms."
So whether it's entrepreneurs, academics or the ordinary man in the street, one thing most have in common, is new found understanding of the importance of water and the effect every single drop could have on the economy.
TRAVERS ANDREWS CAPE TOWN, SOUTH AFRICA "Many people here are using the energy crisis as a hard stick with which to measure what may come of the drought, which is the worst in over 100 years.The energy saga resulted in the country becoming one of the world's leaders in renewable energy and now many expect something similar to arise from drought in the not too distant future, Travers Andrews, CGTN, Cape Town."