WUC loses P500m through leaks, non-invoicing
Thursday, December 14, 2017
Bleeding: WUC has lost 29 million kiloliters through leakages inefficient billing and theft
The corporation incurred a loss in revenue of over half a billion pula, its latest annual report shows.
During the year under review, a total of 100.6 million kilolitres of treated water was pumped into the distribution networks, and only 71.8 million kilolitres was accounted for while 28.7 million kilolitres was not. From the 72 million kilolitres invoiced to customers, WUC realised revenues of P1.4 billion in the year meaning the unaccounted 28.7 million kilolitres represents P530 million in lost revenue on average.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...