WUC trims consumers' arrears to P800m, but half may never pay
Friday, September 20, 2019
The Corporation’s latest financials, covering the year to March 31, 2019, show that it has been able to shrug off its troubles of previous years, posting P230 million in pretax profits without a government subsidy.
The WUC’s financial woes were triggered by the 2009 takeover of all water supplies in the country under the Water Sector Reform Programme (WSRP). The Corporation grew dependent on government subsidies and guarantees support to remain afloat and continue maintenance and capital works.
March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...