NamWater owed N.dollars 2.1 billion, urges payment of overdue debt

NAMPA

2024-08-21

WINDHOEK, 08 May 2024 (NAMPA) - The Von Bach Dam near Okahandja facing water depletion. (Photo by: Sylvia Hashondali) NAMPA

RUNDU, 21 AUG (NAMPA) – Namibia’s water utility, NamWater, is grappling with significant financial challenges, with outstanding debts amounting to N.dollars 2.1 billion.
This was disclosed in NamWater’s Strategic Investment in Water Infrastructure report, issued by its Public Relations and Corporate Communications Department on Wednesday.
“This debt significantly hampers NamWater’s ability to operate on a full cost recovery basis, as it functions...

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