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Home > News > South Africa's Cape Town faces severe economic troubles over drought: Moody's > South Africa's Cape Town faces severe economic troubles over drought: Moody's

South Africa's Cape Town faces severe economic troubles over drought: Moody's [1]

Rating’s agency Moody’s warned on Monday the water crisis affecting Cape Town would cause the city’s borrowing to rise sharply and the provincial economy to shrink the longer the situation lasted.

Publication Date: 
13/03/2018
Reuters (Africa) [2]
Tags:
Natural Disasters [3], Droughts [4], South Africa [5], Economy [6], Water Supply [7], Agriculture [8], Drinking Water [9], Africa [10]

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Source URL: http://admin.indiaenvironmentportal.org.in/news/south-africas-cape-town-faces-severe-economic-troubles-over-drought-moodys

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/south-africas-cape-town-faces-severe-economic-troubles-over-drought-moodys
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/reuters-africa
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/natural-disasters
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/droughts
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/south-africa
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/water-supply
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/agriculture
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/drinking-water
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/africa