Barclays urges councils to explore PPPs

Musamirapamwe (left) with Barclays Botswana MD, Reinette van der Merwe
Musamirapamwe (left) with Barclays Botswana MD, Reinette van der Merwe

Barclays Bank Africa has called on councils and the private sector to collaborate in promoting economic growth through viable Public Private Partnerships (PPPs).

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).

Editor's Comment
Botswana at a critical juncture

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...

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