Umngeni Water Achieves Clean Audit
Written by Mfundo on 7 April, 2022
By: Sthulile Mdletshe
Umngeni Water board Chairperson, Ziphozethu Mathenjwa, says despite challenges in the entity’s operations they remain resilient and continue delivering a successful clean audit accompanied by uninterrupted water supply.
Umgeni Water, which supplies over 2 million households in KwaZulu Natal, has been presenting its performance report from the 2020/2021 financial year.
Mathenjwa says their revenue has totalled R4.5 billion, while achieving a net surplus of R1.2 billion.
She says while braving the issues of Covid-19, Umgeni Water was able to expanded its services to new areas and implement the strategy of enabled innovative growth