Page 58 - 2022 IRMSA Risk Report
P. 58

SECTION 3: South Africa Top Risks continued

          3.6 LARGE SCALE DISRUPTION OF ECONOMIC ACTIVITY RELYING ON STABLE SUPPLY OF UTILITIES
           Õi  ̜  -" ý  `iLÌ  LÕÀ`i˜Ã]  œÜ  «Àœ`ÕV̈ۈÌÞ  iÛiÃÉ«>˜Ì  >Û>ˆ>LˆˆÌÞ]  ÏœÜ  «Àœ}ÀiÃà  œ˜  ՘L՘`ˆ˜}É
          «ÀˆÛ>̈Ã>̈œ˜]  …ˆ}…  VœÃÌ  œv  >ÌiÀ˜>̈Ûià  >˜`  «œœÀ  V>«>VˆÌÞÉVœ“«iÌi˜VˆiÃ]  -č  iÝ«iÀˆi˜Vià  >  Vœ“«iÌi
          implosion of the infrastructure required to keep the economy going at a rate required to fund the
          ÀiLՈ`ˆ˜}  œv  ̅i  VœÕ˜ÌÀÞ]  ÀiÃՏ̈˜}  ˆ˜  vÕÀ̅iÀ  `iVˆ˜ià  ˆ˜  iVœ˜œ“ˆV  }ÀœÜ̅]  ÃiÀۈVi  `iˆÛiÀÞ  >˜`
          social cohesion.
                                  FLAGS             r  ÕÀÀi˜Ì  r ÕÌÕÀi  SUCCESS STORY


                                  FLAGS                       C  F
                                    č  ,-  *                    ÛNA
                    OWNING          -/ /1/ " č   č*č  /9         NA      ˜ ÓäÓ£] ˆÌ Ü>à >˜˜œÕ˜Vi` LÞ -č½Ã *ÀiÈ`i˜Ì ̅>Ì Ì…i
                    OUR           *"  /  -                       NA     cap on self-generation of electricity without a licence
                    FUTURE
              SCENARIOS  FAKE IT    č/ " č  *"   9               NA     ܈ vÕÀ̅iÀ ˆ˜VÀi>Ãi ̅i ˜Õ“LiÀ œv È}˜ˆwV>˜Ì «ÀˆÛ>Ìi
                                                                        ܈ Li À>ˆÃi` ̜ £ää 7°   /…ˆÃ “œÛi LÞ }œÛiÀ˜“i˜Ì
                                  -"  č   "  - "
                    UNTIL WE
                                                                        generators in the country.
                                  - ,6        6 ,9
                    MAKE IT, OR
                                                                        The Durban South wastewater treatment works
                    NOT
                                                                        (WWTW) that was inaugurated by Kader Asmal and
                                     +1č  /9
                    PERPETUAL
                                                                        water from waste.
                    HANGOVER        " " 9                               ,œ˜˜ˆi  >ÃÀˆÃ ˆÃ > ܜÀ` V>Ãà iÝ>“«i œv ÀiVœÛiÀˆ˜}
                                    " č  /,   -                  NA
                                      č/    č
           The stable supply of utilities such as water and electricity are essential for all entities to contribute effectively to the economy.
            v ̅iÃi >Ài `ˆÃÀÕ«Ìi` œ˜ > >À}i ÃV>i >˜` Vœ˜ÃˆÃÌi˜ÌÞ] ̅i˜ -č ܈ v>ˆ ̜ ÃiVÕÀi “ÕV… ˜ii`i` œL‡VÀi>̈œ˜ >˜` iVœ˜œ“ˆV
           }ÀœÜ̅‡L>Ãi` ˆ˜ÛiÃ̓i˜Ìà -č …>à iÝ«iÀˆi˜Vi` >˜ ˆ˜VÀi>Ș} ˜Õ“LiÀ œv `ˆÃÀի̈œ˜Ã œv iÃÃi˜Ìˆ> ÃiÀۈVià ÃÕV… >à Ü>ÌiÀ >˜`
           iiVÌÀˆVˆÌÞ œÛiÀ ̅i >ÃÌ `iV>`i°   iëˆÌi ˆ˜VÀi>Ãi` i>`iÀň« >ÌÌi˜Ìˆœ˜] ̅iÃi `ˆÃÀի̈œ˜Ã Vœ˜Ìˆ˜Õi ̜ œVVÕÀ >˜`] ˆ˜ ܓi V>ÃiÃ]
           >VViiÀ>Ìi°  /…i ˆ“«>VÌ œv ̅ˆÃ œ˜ ˆ˜ÛiÃ̜À ViÀÌ>ˆ˜ÌÞ ˆÃ È}˜ˆwV>˜Ì >à ˆÃ ̅i >LˆˆÌÞ œv LÕȘiÃà >˜` œÌ…iÀ iÃÃi˜Ìˆ> ÃiÀۈVià ̜
           operate.  Lack of an integrated policy framework and parochial interests hamper progress.

          TOP 5 CHALLENGES TO ACHIEVING                            TOP 5 RISK TREATMENT OPTIONS AND
          TARGETS                                                  OPPORTUNITIES
                                                                £°    >Ã̇ÌÀ>VŽ  ՘L՘`ˆ˜}  œv  ˆ˜VՓLi˜Ì  ṎˆÌˆià  ̜  ˆ˜VÀi>Ãi
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          …>“«iÀà ̅i >LˆˆÌÞ œv }œÛiÀ˜“i˜Ì >˜` -" à ̜ “>ˆ˜Ì>ˆ˜   Ó°    œ˜Ãˆ`iÀ  ṎˆÌÞ  ÃV>i  `iÃ>ˆ˜>̈œ˜  ­Lˆ}}iÀ  ̅>˜  £ää   i}>
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       Ó°   /…i  Vœ˜ÃÌ>˜Ì  …ÕLÀˆÃ  ̅>Ì  `iÃ>ˆ˜>̈œ˜  ˆÃ  VœÃÌÞ  >˜`   VˆÌˆià ̜ ÀiÃ̜Ài Vœ˜w`i˜Vi >˜` Li v>ۜÕÀ>LÞ Vœ˜Ãˆ`iÀi` >Ã
          iVœœ}ˆV>Þ ՘`iÈÀ>Li°                                 -*6à ܈̅ >˜ >««ïÌi vœÀ «ÀˆÛ>Ìi ˆ˜ÛiÃ̓i˜Ì
       ΰ   -œÜ  «Àœ}ÀiÃà  œ˜  ՘L՘`ˆ˜}  >˜`  ˆ˜ÌÀœ`ÕVˆ˜}  «ÀˆÛ>Ìi   ΰ   ƂVViiÀ>Ìi  ˜>̈œ˜Üˆ`i]  >`iµÕ>ÌiÞ  v՘`i`  Ü>ÌiÀ  >˜`
          ÃiV̜À «>ÞiÀð                                           i˜iÀ}Þ  ivwVˆi˜VÞ  V>“«>ˆ}˜Ã°  ƂVViiÀ>Ìi  ̅i  £ää 7  Ãiv‡
       {°   œÜ iÛiÃ œv «>˜Ì >Û>ˆ>LˆˆÌÞ°                        }i˜iÀ>̈œ˜ ˆ˜ˆÌˆ>̈Ûi
       x°    >`Ài `i«œÞ“i˜Ì ̅>Ì …>à iÀœ`i` ̅i i˜ÌˆÀi ÌiV…˜ˆV>   {°    >Ûi  VœÕ˜ÌÀÞ  iÛi  «>˜Ã  vœÀ  ˜iÜ  ÌiV…˜œœ}ˆià  ̅>Ì  …>Ûi
          vœÕ˜`>̈œ˜ œv > ̈iÀà œv }œÛiÀ˜“i˜Ì°                    ̅i «œÌi˜Ìˆ> ̜ Liˆ˜} œV>ˆÃi` >˜` ëÕÀ iVœ˜œ“ˆV }ÀœÜ̅
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                                                                    *ÕLˆV°  ˜Vi˜ÌˆÛˆÃi >˜`ɜÀ LÀˆ˜} L>VŽ ÀïÀi` >˜` i“ˆ}À>Ìi`
                                                                    iÝ«iÀˆi˜Vi` ΈÃ ̜ >ÃÈÃ̰
          FACTS AND FIGURES

          U     Ƃ˜ Õ«`>Ìi œ˜ ̅i ÓääÓ `>Ì> ˆ˜  >̈œ˜> 7>ÌiÀ ,iÜÕÀVi -ÌÀ>Ìi}Þ] ̅>Ì ˆÃ Ã̈ ̅i vœÕ˜`>̈œ˜ œv > «>˜˜ˆ˜}] ŜÜi` ̅>Ì ™n¯ œv
              > ÃÕÀv>Vi Ü>ÌiÀ …>` Lii˜ >œV>Ìi`] ܈̅ ܓi L>Șà £Óä¯ œÛiÀ‡>œV>Ìi`°
          U     /…i i˜iÀ}Þ >Û>ˆ>LˆˆÌÞ v>V̜À ­ Ƃ ® œv  Μ“ «œÜiÀ ÃÌ>̈œ˜Ã …>à `iVˆ˜i` È}˜ˆwV>˜ÌÞ œÛiÀ ̅i >ÃÌ Óä Þi>Àà >˜` ̅ˆÃ …>“«iÀÃ
              ̅i >LˆˆÌÞ Ìœ `œ ÀœṎ˜i “>ˆ˜Ìi˜>˜Vi œÀ ˆ˜VÀi>Ãià œ>`Åi``ˆ˜}°
          U      ˜ ÓäÓä] ̅i  i«>À̓i˜Ì œv 7>ÌiÀ >˜` ->˜ˆÌ>̈œ˜ iÃ̈“>Ìi` ,n™nL˜ Ü>à ˜ii`i` ̜ wÝ -Ƃ½Ã Ü>ÌiÀ >˜` Ã>˜ˆÌ>̈œ˜ ˆ˜vÀ>ÃÌÀÕVÌÕÀi
              >˜` ̅>Ì Ì…iÀi ÜiÀi viÜiÀ «iœ«i ÀiViˆÛˆ˜} Àiˆ>Li Ü>ÌiÀ ÃiÀۈVià ̅>˜ ˆ˜ £™™{°
          SOURCES

          https://mg.co.za/environment/2020-01-31-water-services-worse-than-in-1994/
          https://mybroadband.co.za/news/energy/422122-eskom-power-station-shocker.html
          South African National Energy Association NPC
          SANEA Energy Risk Report 2021-22
      56   IRMSA RISK REPORT • SOUTH AFRICA RISKS • EIGHTH EDITION
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