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BBCNEWS Verified July 5, 2024

pressure as well. the main problem is that the company has nearly £14 billion of debt, so it has a substantial interest bill to pay every year. that interest bill is currently going up because interest rates are going up. some interest rate payments are related to inflation, which is very high. at the same time, it s having to spend over £1 billion a year in infrastructure, water mains, stopping leakage and there s a regulatory review coming up in a few years which may mean it will have to invest even more. thames water needs to raise money from somewhere but if it can t get it, the government is looking at options. we need to make sure thames water as an entity survives. there s a lot of work the government is doing on resolving sewage. up until now, the regulator has been focused on keeping consumer bills down but there is a lot of infrastructure work that needs to take place and we need that entity to survive. in a statement, thames water says it s working construc ....

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BBCNEWS HARDtalk July 6, 2024

it s just a matter of how fast, did you really believe that? of course i believed it then. i think it s a fair assessment about where the anc find themselves in the last local government elections, in 2021, they, for the first time in post democratic south africa, lost their majority and fell below 50%. this obviously allied with the fact that our economy s not growing, we ve got 30 million people living in poverty, 12 million people unemployed, and loadshedding, rolling blackouts, which have reached into every home and switched off the lights, switched off our factories, and switched off our economy. south africans are realising that if they don t change the way they vote, south africa is going to end up in a very, very dark place, and it s going to be poverty and inequality deepening. well, in that bleak context that you ve just outlined, with the unemployment, what they call here loadshedding , the rolling power cuts, the massive economic problems, how is it that ....

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BBCNEWS HARDtalk July 6, 2024

of the guard coming in south africa, the anc s decline is terminal. it s just a matter of how fast, did you really believe that? of course i believed it then. i think it s a fair assessment about where the anc find themselves in the last local government elections, in 2021, they, for the first time in post democratic south africa, lost their majority and fell below 50%. this obviously allied with the fact that our economy s not growing, we ve got 30 million people living in poverty, 12 million people unemployed, and loadshedding, rolling blackouts, which have reached into every home and switched off the lights, switched off our factories, and switched off our economy. south africans are realising that if they don t change the way they vote, south africa is going to end up in a very, very dark place, and it s going to be poverty and inequality deepening. well, in that bleak context that you ve just outlined, with the unemployment, what they call here loadshedding , t ....

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BBCNEWS HARDtalk July 6, 2024

the anc has been damaged by economic stagnation, a protracted energy crisis, and massive inequality. my guest today is the leader of the biggest opposition party, the democratic alliance, john steenhuisen. could he become south africa s first white leader since apartheid? john steenhuisen, welcome to hardtalk. great to be with you, stephen. well, it s great to be here in cape town. let s start with a very simple question. when you said not so long ago, there is a changing of the guard coming in south africa, the anc s decline is terminal. it s just a matter of how fast, did you really believe that? of course i believed it then. i think it s a fair assessment about where the anc find themselves in the last local government elections, in 2021, they, for the first time in post democratic south africa, lost their majority and fell below 50%. this obviously allied with the fact that our economy s not growing, we ve got 30 million people living in poverty, 12 million peop ....

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BBCNEWS HARDtalk July 6, 2024

my guest today is the leader of the biggest opposition party, the democratic alliance, john steenhuisen. could he become south africa s first white leader since apartheid? john steenhuisen, welcome to hardtalk. great to be with you, stephen. well, it s great to be here in cape town. let s start with a very simple question. when you said not so long ago, there is a changing of the guard coming in south africa, the anc s decline is terminal. it s just a matter of how fast, did you really believe that? of course i believed it then. i think it s a fair assessment about where the anc find themselves, in the last local government elections, in 2021, they, for the first time in post democratic south africa, lost their majority and fell below 50%. this obviously allied with the fact that our economy s not growing, we ve got 30 million people living in poverty, 12 million people unemployed, and loadshedding, rolling blackouts, which have reached into every home and switched of ....

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