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Water Wheel Article

Water Wheel May/June 2026: Water Security

Published: 1 May 2026

Abstract

W ATER SECURITY A business accounting system is an organised framework to record and analyse financial transactions. It tracks income, expenses, assets and liabilities to produce regular statements on the financial health of business and banking groups across the world. In much the same way, says research project leader Dr Stefanie Schütte, the proposed South African (SA) water resources accounting system will help guide the wise use of one of South Africa’s most crucial national assets. Schütte, from the Centre for Water Resources Research (CWRR) at the University of KwaZulu-Natal (UKZN), has been commissioned by the Water Research Commission to lead a five-year research project entitled ‘Setting up an operational water resources accounting system for SA’ . In very simple terms, the new accounting system aims to estimate the volumes of water coming ‘in’ versus the water going ‘out’ of the account.

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