Business Economy

Self-sustainability solutions and smart technology will help South Africa overcome its water crisis

 

 

Technology company, Versofy, best known for its solar solutions and services, says that preparing for South Africa’s water crisis should become a significant priority. The company, which is fast becoming a necessity-driven entrepreneurial brand, believes that further use of smart technology will also remain critical when addressing the pressing issues of water scarcity in South Africa.

 

Ross Mains-Sheard, Co-Founder and CEO of Versofy, says that South Africa’s water crisis is fast approaching scarcity status: “We believe that by promoting self-sufficiency and sustainability through our own smart technology solutions, we will help to address the increasing concerns regarding an imminent water shortage.”

 

The Development Bank of Southern Africa (DBSA) estimates that 2.2 billion people across the globe don’t have access to clean drinking water. This is of concern when considering that water is a basic need for health and hygiene.   According to DBSA, South Africa’s physical water scarcity will become a reality in 2025, and it’s expected to have a water deficit of 17 percent by 2030. This could also potentially worsen due to climate change.

 

Mains-Sheard says that action needs to be taken now and that education is critical: “The Institute of Security Studies says that South Africans use more water than the global average. Our per capita daily usage is 234 litres whereas the global consumption average is 173 litres. It is vital that we learn how to conserve water and in that, become more sustainable.”

 

He says that Versofy will be launching its all-in-one water backup storage and filtration subscription soon: “This is a potential game-changer in water solutions and can assist in solving for necessity. It is also not just a subscription; it’s a commitment to water security. With little upfront costs, our system will offer efficiency, reliability, and a sleek design that seamlessly integrates into anybody’s lifestyle.”

 

Aside from droughts, South Africa is further plagued with aging treatment plants as well as underused ground water. There is also the imminent shutdown and maintenance of the Lesotho Highlands Water project in October this year.

 

While there are ways to address these concerns, they are all lengthy. South Africans need to become more self-sustainable now.

 

Versofy believes that its rental subscription-based model is the logical route to follow. As opposed to a consumption model, Versofy, together with its app and the use of smart technology, will greatly assist in educating and enabling people to use water wisely. This will reduce consumption, as opposed to current models, where usage is encouraged and charged accordingly.

 

“Investment in water and sanitation will ultimately ensure betterment for all South Africans. Climate change is a reality, as is the infrastructure and lack of accessibility to quality water.  If we can help people become self-sustaining, storing, and using their own water, the overall impact can only be a positive one for the country and its people,” says Mains-Sheard.

 

Ends.

About Versofy

Versofy SOLAR has embraced technology not only as a tool for business operations but as an integral component of their service offerings.  With affordable finance solutions and the offer of support over the lifetime of each solar system, Versofy SOLAR delivers peace of mind, a hedge against Eskom price increases, protection from load shedding and the promise of contributing to a sustainable tomorrow.

 

Versofy is part of the renewable revolution that is igniting a new way forward – it’s the future, it’s affordable, it’s reliable, and most importantly, it’s clean – the benefits are vast helping to protect the environment for generations to come. It’s not just sustainable, it’s attainable.  Versofy endeavours to challenge the status quo by placing their customer’s needs first. With the help of technology, Versofy promises that they will do all in their power to act swiftly and efficiently to service their customer’s needs, both before and after the installation of Versofy’s product.

 

Versofy is about creating a sustainable future, fostering a sense of community, and continuously innovating to meet the needs of the present while anticipating those of the future – how can we turn great ideas into solutions that make a tangible difference to people, communities, and by extension, South Africa and the World.

 

Versofy’s insurance product is underwritten by Mutual & Federal Risk Financing Limited, a licensed non-life insurer and authorised FSP.

Leave a Comment

Your email address will not be published.

You may also like

Business Security Society

EFCC Condemns False Narratives on Loss of Officer

post-image

The Economic and Financial Crimes Commission, EFCC, expresses grief on the loss of one of its officers, Assistant Superintendent of the EFCC, ASE II Aminu Sahabi Salisu who was killed in cold blood while on a legitimate duty on January 17, 2025 by a suspected internet fraudster,  Joshua Chukwubueze Ikechukwu.

Additionally, the Commission views with great concern the irresponsible,  callous, inhuman and outrageous narratives being circulated on social media on the whys and wherefores of the fatal accident. It is heinous to reduce the death of a gallant officer who was carrying out patriotic and official duties to social media razzmatazz.

More worrisome is the fact that some faceless commentators are pitching their tents with an alleged criminal who unleashed terror on officers of the EFCC in their line of duty. There is no justification whatsoever to rationalise a murderous act. The milk of human kindness demands that a grieving…

Read More
Business Opinion Society Technology Technology Trends Telecoms

Telecom Sector News: Call Rates Set to Increase to N18/Minute Under New Tariff Plan

post-image

In a significant development for Nigeria’s telecommunications industry, the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has announced that telecom service tariffs are set to increase by 30 to 60 percent. This adjustment, far below the 100 percent hike initially demanded by mobile network operators (MNOs), aims to balance industry sustainability with consumer affordability.

During an interview on Channels TV, Dr. Tijani revealed that the new rates would see call charges rise from the current average of N11 per minute to approximately N18.33 per minute, if a 60 percent adjustment is adopted. SMS charges will increase from N4 to N6.67, while the cost of 1GB of data could climb from N1,000 to N1,667.

“The sector drives growth in our country. Allowing a 100 percent tariff increase would be harmful to citizens who heavily depend on telecom services,” Dr. Tijani stated, underscoring the government’s focus on protecting consumers while…

Read More
Business Culture Economy Fintech Opinion

FRIEND, WHEN YOU SEE THE FOLLOWING SIGNS, KNOW THAT YOUR SACK IS IMMINENT

post-image

 

By Anayo Nwosu

The current economic situation of bank customers that makes it difficult or almost impossible for them to drop idle deposits for their account officers or to even repay their bank loans is like a rat poison to many bankers.

Bank owners or executive management are getting very impatient with bank employees’ low performance on set deposits and profit targets and have decided to curtail their expenses on salaries of staff they have categorized as value eroders or laggards.

This is the time to remember your banker friends in prayers as their seemingly long flap is no longer the size of their brokus.

The reality check is here and that which most bankers had feared most is now upon them. Sack now stares them in the face.

If you are a banker, I encourage you to read and internalize this piece. It is in your own enlightened self interest to do so.

A…

Read More
Business Culture Economy Energy

Ndubuisi Ekekwe Applauds Dangote Refinery’s Transformational Impact on Global and Local Markets

post-image

 

Renowned Nigerian academic and entrepreneur, Professor Ndubuisi Ekekwe, has commended the Dangote Petroleum Refinery for its groundbreaking contributions to the global and Nigerian energy sectors. In a recent Facebook post, Professor Ekekwe described the refinery as a “game changer” with far-reaching implications for international fuel markets and Nigeria’s economic landscape.

Citing a report from the Organization of Petroleum Exporting Countries (OPEC), he highlighted the refinery’s impressive production capacity and high-quality output, which are redefining market dynamics. “With its impressive production capacity and high-quality petroleum products, the refinery has begun disrupting international fuel markets while gaining traction as the preferred supplier for Nigerian consumers,” Ekekwe noted.

The professor emphasized how the refinery is reducing Nigeria’s dependency on fuel imports, a significant shift that has disrupted global supply chains. He pointed out the decline of several European refineries, which are losing market share to West African producers. While acknowledging the challenges faced by…

Read More
Announcements Business Economy Education Health News

Peter Obi Reaffirms Commitment to Education and Healthcare Development, Donates ₦10 Million to College of Nursing Sciences, Amichi

post-image

 

Peter Obi, the former Governor of Anambra State and Presidential Hopeful of the Labour Party, has once again demonstrated his dedication to the development of education and healthcare in Nigeria. During a visit to the College of Nursing Sciences, Amichi, Anambra State, Obi shared insights into his long-standing efforts to uplift critical sectors and pledged ₦10 million to support the College’s mission of training healthcare professionals.

A Legacy of Development

Recounting his tenure as governor, Obi spoke about his instrumental role in reviving the Amichi Diocesan Hospital, which had been neglected and overrun by weeds. Collaborating with the hospital’s proprietor, Rt. Rev. Ephraim Ikeakor, Obi facilitated the transformation of the hospital into a functional healthcare center. He also supported the establishment of the School of Nursing, Amichi, which has since grown into the College of Nursing Sciences.

“What began as a vision during my time as governor has blossomed into a beacon…

Read More
Business Economy

A booming continent needs a new payment infrastructure

post-image

Africa is an exciting, vibrant and creative place to do business. But make no mistake, it has its challenges. Currency devaluation, political instability, and service disruptions are endemic. Africa is not for sissies, as the saying goes.

 

In navigating those challenges, relationships matter. It’s not so much about throwing money at a problem, it’s about investing time, building trust, meeting with partners and regulators, and understanding each other’s needs.

Africa offers an enormous upside for those prepared to make this time investment. The continent’s population is set to reach 2.5 billion (http://apo-opa.co/3W7Kp4w) by 2050, and Africa’s people are embracing digital technology, as the World Bank (http://apo-opa.co/3Waln4F) confirms. They are leveraging digital connectivity to improve their lives, educate themselves, send remittances, and start small enterprises. There is value in investing in that level of human development.

The payments opportunity

Running through this African growth trajectory is…

Read More
Business Economy Government

Nigeria Data Protection Commission Partners with Civil Service to Advance Privacy Practices

post-image

 

The National Commissioner and CEO of the Nigeria Data Protection Commission (NDPC), Dr. Vincent Olatunji, led a delegation on a courtesy visit to Mrs. Didi Esther Walson-Jack, OON, the Head of the Civil Service of the Federation. The visit, held in Abuja, was aimed at fostering collaboration, promoting privacy awareness, and enhancing data protection practices within Nigeria’s civil service.

During the meeting, Dr. Olatunji highlighted the importance of data protection in the digital era and commended Mrs. Walson-Jack for her unwavering commitment to the rule of law, especially in advancing digitalisation and data protection in Nigeria. He delivered a detailed presentation on the NDPC’s establishment, outlining its strategic roadmap and its alignment with President Bola Ahmed Tinubu’s 8-point agenda, particularly in governance and job creation.May be an image of 5 people, dais and text

Achievements and Plans Shared by NDPC

Dr. Olatunji noted the…

Read More
Business Culture Economy Travels Trends

Margaret Olele Shares Vision for 2025 with Focus on Empowering Women and Driving Change

post-image

 

Margaret Olele, the Chief Executive Officer of the American Business Council, has highlighted her aspirations for 2025, drawing on the impactful activities she engaged in last year. While some may advocate for leaving the past behind, Olele emphasized that certain initiatives from 2024 have laid the groundwork for her plans to make a significant impact this year, particularly in empowering women and fostering meaningful collaborations.

“Some may suggest we completely shut the door to last year. For me, some activities last year serve as the foundation that will shape the critical part of my 2025 plans. One is involvement with purposeful women-led activities,” Olele stated.

Her efforts included a week in December dedicated to initiatives aligned with her vision. Among…

Read More