Above average rainfall this month so far, coupled with ongoing water restrictions in Western Cape led to 5-year record net inflows (rain inflows less consumption outflows) into the Western Capesí six major dams:
The Western Cape surface water capacity in the 6 major dams is tracking along the best-case scenario for our forecast model:
Here is the status of the 6 major dams:
All dam level raw data from City of Cape Town. All the charts and forecasts are created by Sharenet Analytics which specializes in data analysis and forecasting models.
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Dwaine van Vuuren
RecessionAlert, Sharenet Analytics
Dwaine van Vuuren is a full-time trader, global investor and stock-market researcher. His passion for numbers and keen research & analytic ability has helped grow RecessionALERT.com (US based) and PowerStocks Research (now Sharenet Analytics) into companies used by hundreds of hedge funds, brokerage firms, financial advisers and private investors around the world. An enthusiastic educator, he will have you trading and investing with confidence & discipline.