South Africa could become an apocalyptic wasteland if it fails to take future-proofing seriously. Current crises such as water shortages and load-shedding exist because we ignored the initial warning signs — as we are doing with the environment
In recent years, railway beds in the UK have melted from extreme heat, electricity grids have frozen in Texas, and Europe has ground to a halt as a result of catastrophic flooding. In South Africa, KwaZulu-Natal was hit by severe flooding in 2017, 2019 and again in 2022. The most recent event was the worst in the country’s history.
Global temperatures have already risen 1.1°C relative to pre-industrial levels, and the scientific consensus is that further warming is inevitable. The harm is expected to become exponentially worse if global temperatures increase beyond 1.5°C, as seems likely. ..
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South Africa posts first current account deficit in three yearsThe current-account gap and budget shortfall make the country vulnerable to external shocks amid deteriorating global economic prospects.
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South Africa posts first current account deficit in three yearsThe current-account gap and budget shortfall make the country vulnerable to external shocks amid deteriorating global economic prospects.
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