22
Jul
Staff Writer Namibia Wildlife Resorts (NWR) Chairperson Ambassador Leonard Iipumbu has announced that the hospitality group has managed to record a N$20 million profit, more than 20 years after its creation. "After more than 20 years, we managed to record a profit for the first time since our creation in 1999. This past financial year saw us record a N$22 million profit, which is a N$41 million improvement on the 2018 financial year. We achieved this by increasing our revenue by 11 percent compared to the 2018 financial year and by keeping our operating expenses flat, despite inflationary pressures," Iipumbu…