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
Hard currency Hard currency Hard currency, safe-haven currency or strong currency is any globally traded currency that serves as a reliable and stable store of value. Factors contributing to a currency's "hard" status might include the long-term stability of its purchasing power, the associated country's political and fiscal condition and outlook, and the policy posture of the issuing central bank. Safe haven currency is defined as a currency which behaves like a hedge for a reference portfolio of risky assets conditional on movements in global risk aversion. Conversely, a soft currency indicates a currency which is expected to fluctuate erratically or depreciate