The board of administrators of Cameroon Water Utilities (Camwater) met on 24 July 2024 in Douala. Based on the corporate, this session was devoted to monitoring the progress of tasks which can be included within the portfolio of the five-year precedence funding program 2023-2027. If the press launch printed on the finish of this assembly doesn’t present details about their progress, nonetheless it should save a small a part of the monetary outcomes recorded in 2022 by this public firm answerable for the manufacturing, distribution and advertising and marketing of ingesting water in Cameroon. Total, Camwater continues to be within the pink. This damaging efficiency is realized by its internet revenue which is -9.4 billion FCFA in 2022. Nevertheless, this indicator has seen an enchancment (+1.7 billion FCFA) in comparison with 2021 the place it was at – 11.1 billion FCFA, in response to figures printed in January 2024 by the previous Fee for the Rehabilitation of Public Enterprises and Establishments (CTR), not too long ago launched by the President of the Republic.
That is the second consecutive yr that Camwater has registered a loss after optimistic internet outcomes of 1.8 billion FCFA and 1.3 billion FCFA recorded in 2019 and 2020 respectively. Based on the newest CTR report, Camwater loses virtually half of the water it distributes into the distribution community because of water leaks, the out of date distribution community and varied deceivers. The ensuing impact is a shortfall of 26 billion FCFA per monetary yr, or a complete of 78 billion FCFA during the last three monetary years. In 2021, the CTR additionally affected the losses recorded by Camwater because of a decline in working revenue associated to the strain of working prices. In reality, these are essential for the next objects: taxes (78.47%), transport (92%), different prices (78.11%).
