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

lalit's picture
Submitted by lalit on Tue, 2018-03-13 18:10

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.

thesaurus: 
Natural Disasters
Droughts
South Africa
Economy
Water Supply
Agriculture
Drinking Water
Africa
Main Topic: 
Natural Disasters
Name of the Newspaper: 
Reuters (Africa)
Mark Content Private(Internal): 
Clipping Type: 
DNB
External URL: 
https://uk.reuters.com/article/us-safrica-drought-moody-s/south-africas-cape-town-faces-severe-economic-troubles-over-drought-moodys-idUKKCN1GO1M4
Publication Date: 
13/03/2018