By Patience Nyangove
TROUBLED public enterprise, Road Construction Company (RCC) owes the taxman a staggering N$334 million in outstanding taxes, while the parastatal urgently needs nearly N$600 million to recapitalise, Confidente has learnt.
The parastatal however only received N$21 million from treasury for the 2018/2019 financial year which it says is only enough to pay for the company’s employees’ salaries for three months.
Confidente. Lifting the Lid. Copyright © 2015