SWASCO completes K65m water project

NANCY MWAPE, Livingstone
THE Southern Water and Sewerage Company (SWASCO) has completed the K65 million water and sanitation service rehabilitation project in Livingstone and is now providing the city with 24 hours water supply.
Speaking at the SWASCO 12th annual general meeting in Livingstone yesterday, board chairperson Anne Tischer said the utility firm is committed to bring about change in communities by providing improved, reliable, viable and sustainable service.
Mrs Tischer cited Kazungula, Namwala, Pemba, Neganega, Sinazongwe, Zimba and Sinazeze as other towns where they are providing 24 hours water supply, except in instances of load shedding.
She said interventions are being to improve supply in Choma, Siavonga, Monze, Maamba and Mazabuka districts.
Mrs Tischer however, noted that the company experienced fundamental changes during the 2015 financial year with regard to the volatile exchange rates.
She said the company has reduced its loss ratio from K7.3 million in the last financial report to K2.9 million in the current report, indicating a significant reduction.
“The company also continued to experience low revenue which are below cost coverage due to low metering ratio, tariffs which are yet to reach cost recovery levels and the attitude of some customers who still do not want to pay for water,” she said.
She noted that though there has been a minimal increase in tariff over the years, this is still below cost coverage.
Mrs Tischer however, commended Government for providing 11, 000 meters to help improve collection.
She said the company has also procured 5,000 water meters under the Livingstone project, and another 2,000 smart meters that were installed in Dambwa.
“We also bought 2,000 meters for Maamba and procured 330 pre-paid water meters from our own resources to be installed in selected commercial properties and Government departments.
These measures are aimed at improving collections and ultimately liquidity to address cash flow challenges which is critical for our operational efficiency,” she said.

Facebook Feed