Auditors cast doubt on WUC�s viability
Friday, October 13, 2017
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.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...