RFA earns N.dollars 2.37 billion in 2017/18 financial year

Contributed by NAMPA.

WINDHOEK, 20 NOV (NAMPA) – The Road Fund Administration (RFA) recorded income of N.dollars 2.37 billion through road user charges during the 2017/18 financial year.
The revenue recorded is an increase from N.dollars 2.21 billion the previous financial year.
This was revealed by Chief Executive Officer (CEO) of the RFA, Ali Ipinge on Tuesday during the institution’s annual business plan consultative meeting.
Ipinge said the RFA fell short of reaching its budget target by one per cent due to ...