Rand Water to metropolitan and local municipalities, industry and mining in Gauteng, and parts of Mpumalanga, the Free State, and North West provinces. Rand Water has water network of 3,056 km of pipelines, 53 reservoirs, supplying 3,653 million litres of water daily to its varied customers. Its headquarters is in the suburb of Glenvista. Rand Water Rand Water previously known as the Rand Water Board is a South African water utility that supplies potable water to the Gauteng province and other areas of the country and is the largest water utility in Africa. The water is drawn from numerous sources and is
Currency war seen as an attractive solution to unemployment when other options, like increased public spending, are ruled out due to high public debt, or when a country has a balance of payments deficit which a devaluation would help correct. A reason for preferring devaluation common among emerging economies is that maintaining a relatively low exchange rate helps them build up foreign exchange reserves, which can protect against future financial crises. A state wishing to devalue, or at least check the appreciation of its currency, must work within the constraints of the prevailing International monetary system. During the 1930s, countries had relatively