Auditors cast doubt on WUC�s viability

The state-owned corporation, which  provides water and wastewater management services, released the statement of comments by its auditors via the Botswana Stock Exchange (BSE) this week.

Partner of Deloitte Botswana, Pragna Naik drew attention to WUC experiencing a significant decrease in revenue for the year under review and incurring a loss of P137.4 million before taking into account the tariff subsidy grant of P388 million received from government.