/Wildlife Resorts reduces losses by N$77 million

Wildlife Resorts reduces losses by N$77 million

The Namibia Wildlife Resorts (NWR) reduced its losses from N$174 million in 2020 to N$ 97 million in the 2021 financial year, a reduction of N$77 million.

NWR managing director, Dr Matthias Ngwangwama said in order to return to profitability, the company decided to move beyond just providing accommodation facilities, such as the launch of the camera at the waterhole, which has created a huge interest in its resorts.

Source & Copyright and Read More: https://economist.com.na/70464/tourism/wildlife-resorts-reduces-losses-by-n77-million/