Page 7 - KZN Business Sense 10.5 Lead story Raksha Laghari- eBook

WATER INFRASTRUCTURE DEVELOPMENT

Michael Jackson, and transfer the National Water
Partner, Cox Yeats Resources Infrastructure to the
Attorneys Agency. The other government
water works are to be transferred
to a water
n 1998, the
National management institution. This
IWater Act (the will mean that the Agency will
Act) was passed. have a very large asset base and
It provided a commercial enterprise. The
radical reform Agency will be entitled to collect
of our water the revenue, previously earned
law, seeking by the State, on the National
to achieve Water Resources Infrastructure,
the aim of providing water to all including collecting the water
people in South Africa. use charges due to it in terms of
Chapter 5 of the Act.
The State was appointed the
public trustee of the nation’s The Bill is to be welcomed as
water resources and national it recognises the need to invest
government was tasked with heavily in the South African
ensuring that all water resources Wagendrift dam wall National Water Resources
were used and controlled in Infrastructure and that the
a sustainable and equitable financing and development of
manner. and build the South African public private partnership the government and called The large scale water projects needs
part of the Lesotho Highlands schemes to develop major water South African National Water the input of the private sector.
Whilst the intentions behind Water Project. This was a special infrastructure. The government Resources Infrastructure Agency
the Act were laudable, very little purpose vehicle for South seems to now recognise that the SOC Limited (the Agency). The TCTA was a successful
has actually been achieved in Africa to use to fulfil its treaty financing and implementation example of financing and
the area of water reform and obligations to Lesotho in respect of bulk raw water infrastructure This company will acquire all of implementing viable economic
providing water resources to of this project. projects requires the involvement the assets of the TCTA and use projects. Obviously, it is
all people. One of the major of both the public and the private the model of the TCTA to further hoped that the Agency will
criticisms has been a lack of In 2000, the mandate of the sector. Instead of these schemes invest, finance and implement be an effective body, not
funding in water infrastructure. TCTA was extended to include being owned by the government, bulk raw water infrastructure marred by corruption and
This has included the other projects which could be it recognises that the model projects. It is felt that if the mismanagement. 
establishment of large dams and financed through the private followed by the TCTA is more Agency owns the assets, then it
water transfer schemes. The State, sector. These included the effective. will have a large asset base on Should you require advice or assistance,
on its own, has not been able to Olifants River Water Resources which it can unlock funding for please contact Michael Jackson on
achieve the objectives which were Development, the Mokolo On 27 August 2024, the new projects. T: +27 (0)82 808 7891 or (0)31 536 8512
E: mjackson@coxyeats.co.za
set out in the legislation. Crocodile Water Augmentation President approved of the Within 12 months after the date W: www.coxyeats.co.za
Scheme, the Berg River / Voëlvlei South African National Water
The Trans-Caledon Tunnel Augmentation, the uMzibuvubu Resources Infrastructure Agency of incorporation of the Agency,
Authority (TCTA) is a state- River Water Scheme and the Bill (the Bill), which provides the Minister is to determine
owned entity which was Kriel Offtake Projects. for the incorporation of a new what government water works
established in 1986 to finance company which will be owned by are to be labelled as National
Basically, these were all Water Resources Infrastructure

A POSITIVE IMPACT ON MANDELA DAY 2024

very year, Mandela Day specialist to assist this programme year. As a firm, they wish all the
presents us all with the by providing learners in need of learners the best of luck in their
Echance to make the world additional reading and writing upcoming exams and the bright
a better place, one small act at a assistance with the help they need. future that lies ahead of them.
time. As is becoming tradition, This programme is well underway,
The Cox Yeats Johannesburg
the Cox Yeats family once again and 80 Grade 8 learners have team, acting in partnership with
seized the opportunity to make already felt the benefit of this the Phuthaditjaba Foundation,
a positive impact by supporting initiative.
education, development in local visited Mandela House to donate
schools and care for the elderly. The Cox Yeats Durban team blankets and food for an aged care
was also able to make a positive facility. The team also spent time
This Mandela Day, Cox difference for the educators at East Bank High School where
Yeats supported growth and who selflessly give so much of a brunch was hosted, exam-ready
development at Amaoti No 3 themselves every day. The firm pencil cases were distributed to all
Secondary School in Inanda, donated office furniture to the matric learners, and awards were
and East Bank High School in principal and administrative presented to the top two students
Alexandra, and Mandela House in staff, which was met with and teachers of each grade.
Soweto. incredible joy, excitement, and an These positive acts of kindness
overwhelming sense of gratitude
The Cox Yeats Durban team has by the school, underscoring the show the commitment of Cox
a longstanding relationship with Yeats to meaningful involvement
Amaoti Secondary School, which value of our contributions. These within the surrounding
began in 2018. Once again, the donations will allow the school’s communities. This positive impact
administration to complete
firm’s commitment to educational daily tasks with more ease and by the firm across the country
progress proved extremely would not have been possible
rewarding and fulfilling. This year, efficiency. The Cox Yeats Durban without the time, energy, and
the Cox Yeats Durban team not team is immensely proud that generosity of all Cox Yeats staff
their previous donation of a
only collected book donations for drama and arts classroom space members and the incredibly
the Cox Yeats literacy programme valued support of our leadership.
at Amaoti Secondary School, will allow the school’s very first The contributions are deeply
but also employed a reading matric dramatic arts class to sit appreciated.  Literacy Champion, Dudu Dladla is leading the way to equip and change the
their exams in the space this narrative for local high school learners.

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