neweralive.na·3 min read·medium
Nored bleeds millions in cable theft
J
John Muyamba
✦AI Summary
The Northern Regional Electricity Distributor (Nored) in Namibia is facing significant financial losses due to infrastructure vandalism and copper cable theft. CEO Sylvester Wayiti reports that the company spends N$4.5 million annually on repairs, excluding the broader economic impact of service interruptions.
Northern Regional Electricity Distributor (Nored) is bleeding millions of dollars annually due to a relentless wave of infrastructure vandalism, copper cable theft and illegal connections.
businesseconomyworld
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