Water Wheel May/June 2020

Abstract

The aloe ferox may not be this season’s crop This Fluid Thoughts article has been co-authored with economist and analyst, Xhanti Payi. The aloe plant made yet another appearance in the budget speech this year, meant to symbolise an ongoing challenge in our country – growth and emphasing that, like the aloe, growth will be slow, long lived and resilient to water scarcity. “For the Aloe Ferox to grow to its full potential, we need to do things that will help in the medium to long run” . A long-term view supported by an economic resilience strategy is therefore key. The Minister of Finance then went on to mention the importance of the right amount of water, and how our money must be invested properly. There was a further announcement that Government would inject R10 billion into the infrastructure fund over the next three years to support the R200 billion capacity that is to be built under the Development Bank of South Africa.

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