WELCOME

Key analytical updates on the Murray Darling Basin Water Market. Analysis of the market for water allocation will be assisted by the Greeneye Visual Trading Platform which charts the Victorian Goulburn Murray water market.

Copyright 2008-10 Greeneye.com Pty. Ltd.

Tuesday, December 2, 2008

SOUTH AFRICA - UNBUNDLED WATER?

AgriSA and the Department of Water Affairs and Forestry are at odds over the trading of water rights.

According to a report in
Rapport, more than 100 farmers have so far been barred from selling their water rights. The department claims that Article 27 of the Water Act prohibits them from trading in water rights, as it is subject to a reform process to redress inequalities of the past. AgriSA disagrees, claiming the department's BEE policy contradicts the general BEE policy of the Department of Trade and Industry. They want farmers with a turnover of less than R5m to be exempt from the requirements.

0 comments: