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NamWater posts N$128.3m loss as revenue rises to N$2.22b
Namibia Water Corporation (NamWater) recorded a net loss of N$128.3 million during the 2024/25 financial year despite increasing revenue to N$2.22 billion, as rising operating costs and a sharp increase in expected credit losses weighed on its financial performance.
Windhoek Observer24 Jul 2026, 03:56 am
CHAMWE KAIRA
Namibia Water Corporation (NamWater) recorded a net loss of N$128.3 million during the 2024/25 financial year despite increasing revenue to N$2.22 billion, as rising operating costs and a sharp increase in expected credit losses weighed on its financial performance.
According to chief executive officer Abraham Nehemia’s report in the corporation’s integrated annual report, total revenue increased to N$2.216 billion from N$2.112 billion in the previous financial year.
Originally published by Windhoek Observer on 24 Jul 2026, 03:56 am. View original article