The government has defended its plans to introduce black shareholding requirements for new water use licences.
The government has defended its plans to introduce black shareholding requirements for new water use licences, saying it is doing so to correct the racial imbalance created by South Africa’s apartheid past.
The department of water & sanitation said in a statement on Monday both sorts of water allocation are heavily skewed towards historically advantaged individuals. The draft regulations aim to address this disparity. The department said 75.93% of the 412-million cubic metres of water allocated via water use licences had been granted to previously advantaged individuals, and only 24.07% to previously disadvantaged individuals.
The proposed regulations “placed a sword over their heads” and created such a climate of uncertainty that it threatened property transactions and plans for future investments, he said.
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