Barclays urges councils to explore PPPs
Tuesday, June 23, 2015
Recently, the bank entered into a partnership with the Botswana Association of Local Authorities (BALA) with the intention to unlock investment opportunities and improve service delivery.
Speaking on the sidelines of the 2015 Commonwealth Local Government Forum (CLGF) in Gaborone last week, Barclays Africa head of public sector, Zienzi Musamirapamwe said it is imperative for the local government and the private sector to strategically collaborate in the delivery of sustainable development goals (SDGs).
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...