Cape Town water crisis - politics thread

Discussion in 'Politics' started by m22au, Jan 28, 2018.

  1. m22au

    m22au

    Here is the Wikipedia article:
    https://en.wikipedia.org/wiki/Cape_Town_water_crisis

    Google News might be the best source for the most up-to-date information.

    The first two links in the Wikipedia article are useful.
    http://ewn.co.za/2018/01/23/day-zero-brought-forward-ct-officials-prepare-for-worst
    https://www.news24.com/SouthAfrica/...-wwf-helps-you-understand-the-basics-20180119

    However at the time of writing:

    * "Day zero", when (most of) the city's water taps will be turned off is now scheduled to be April 12.

    * On that date, residents will have to attend one of 200 distribution points to collect their maximum allocation of 25 litres of water per person per day.

    * Specific details of how the 25 litre limit will function remain unclear:
    https://www.timeslive.co.za/news/so...day-zero-work-dont-ask-the-city-of-cape-town/

    * There will be some exemptions - water will still be available from taps in hospitals and in the CBD area.

    ************************************************************

    I created another Cape Town thread
    https://www.elitetrader.com/et/threads/cape-town-water-supply-to-be-turned-off-on-april-12.317581/
    in the economics forum because I am interested in discussing the economic effects, and in particular, any trading opportunities.

    However I appreciate that there is a political aspect to the water crisis.

    So here is that politics thread.

    .
     
    Last edited: Jan 28, 2018
  2. I lived in Capetown for nearly a year.

    Its some tech, a bit of steel I think then tourism but fruit and wine in the cape are major. Also fishing but I don't think the fishermen care about the water crisis. The manufacturing & services will be fine, tourism a bit affected but they will protect that.

    Wine is a big thing that has trade-able futures. However the drought is here already..

    https://qz.com/1189336/cape-town-wa...wine-vineyard-harvest-will-be-hit-by-drought/
     
  3. gwb-trading

    gwb-trading

    Drought = less Cape wine probably of higher quality yields higher prices.