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Home General News

Ghana Water Limited Records Revenue Increase by 37% in 2022 Compared to Previous Year

EFO MAWUGBE by EFO MAWUGBE
October 24, 2023
in General News
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Ghana Water Limited Records Revenue Increase by 37% in 2022 Compared to Previous Year
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The Managing Director of Ghana Water Limited Ing. Dr. Clifford A. Braimah has revealed that the GWL recorded a total revenue of GH¢1,232.50 million representing a 37% increase of the previous year.

The MD explained that this has been possible owing to the strong human resources and good corporate governance.

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Managing Director of Ghana Water Limited Ing. Dr. Clifford A. Braimah

Ing Dr. Braimah was speaking at a news Conference in Accra on Monday dubbed “Accounting to our Customers” (ATC).

“In 2022, we realized a total water revenue of GH¢1,232.50 million Ghana Cedis, marking a 37% increase from the previous year. This growth is due to enhanced billing accuracy, streamlined payment processes, debt recovery efforts, and the introduction of various digital payment channels, as well as educational campaigns encouraging timely payments and tariff adjustments”, the MD emphasized.

Touching on Water Sales, he revealed that the GWCL in 2022, sold a total of 173.5 million cubic meters of water, representing a 0.5% increase from the previous year.

A cross section of Regional Chief Managers of GWL

He added that “Our Marketing unit conducts regular consumer surveys to identify areas with low or no water flow, allowing us to provide strategic interventions to meet customer needs and increase water sales”.

Billing
Ing Dr. Braimah also revealed that GWCL’s total billing for 2022 reached 1,370.8 million Ghana Cedis, marking a 13% increase from the previous year adding that the rise is as a result of their efforts to implement an efficient billing system, proactive measures against billing discrepancies, and tariff adjustments.

The MD also stressed that they are implementing a climate resilient water safety plan to protect the lives of Ghanaians.

He however expressed worry over activities of galamsey which he said is affecting water turbidity.

Source:www.senaradioonline.com

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