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

Sawi Hausiku

2024-08-21

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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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