sharpeye

South Africa has GOLD, but no WATER. Crisis has already hit Cape Town, South Africa, which neared its day zero in 2018 because they had no water. On the flip side, with Gold blooming during COVID-19 and trading at $1,820 per ounce amidst the pandemic, is it becoming a safety valve for investment? With World Bank estimating that delivery of UN’s Sustainable Development Goal 6 by 2030 requires over $100bn of additional capex globally every year, can we anticipate investing in ‘White Gold rather than Yellow’? The choice is yours! ‘WATER has emerged as the new OIL’ and threatened socio-economic gains and has raised a potent fuel for wars and conflict with changing geo-political situation beyond national borders. Water scarcity is one of the largest global risks over the next decade, according to the World Economic Forum. It is seen that Tanzania’s mining sector has contributed over 15% over 3 months and investors are increasingly looking at gold as an important investment whil