Africa Links 24 with The Brief
Published on 2024-12-27 18:38:41
The Namibia Water Corporation is owed about N$2 billion as of 31 March 2024.
This is an 18% increase from the previous year, a NamWater report shows.
It says 50 out of 55 local Namibian authorities rely on NamWater for water supply.
Payment delays from these authorities, driven by economic challenges and rising default rates, have, however, significantly contributed to the corporation’s increasing trade debts.
NamWater reports that government institutions, especially in…
Read the Full article on The Namibian
