Barclays boosts Public-Private Partnerships

Moleofe and Moruakgomo
Moleofe and Moruakgomo

Barclays Bank Botswana has partnered with Botswana Association of Local Authorities (BALA) to improve local governments’ operating environment. The bank has organised a three-day Investment Pitso to be held next week in Francistown, a platform it will use to identify local governments’ operational bottlenecks, liquidity constraints and help foster mutually beneficial cooperation between the public and private sectors.

About 250 delegates, who include councillors and economic planners, are expected to attend the workshop. According to the bank’s Head of Public Sector Corporate Banking, Phemelo Moleofe, Barclays Bank would present possible opportunities and solutions, and invite experts from South Africa to share their knowledge with delegates. “We have engaged our group expertise from South Africa to deliberate on various critical topical issues that will expose the local government to a new thought process,” she said. She added that local governments would be given free advisory services and funding.

Moleofe also said they also wanted to develop a one stop shop for liquidity management, transactional and infrastructural development funding. She noted that they have conducted comparative analysis of the South African market and Botswana jurisdictional legal landscape and identified some bottlenecks, which would improve soon. Moleofe further said they wanted to trigger interest from investors, in order to enhance liquidity in local government. “We also intend to provide an enabling ground for efficient service in Local government space as well as empower local government to provide solution driven and customer centric service,” she said.

Editor's Comment
Women's bodies are not a man's playground!

In most of these cases, all this violence is done in the name of love! Love is a beautiful thing and no one who claims to love another can ever wish harm on the object of their affection let alone inflict pain upon them.A few weeks ago, the nation was shaken following the gruesome murder of two little innocent souls by their father, who after that painful act committed suicide. One of the biggest challenges that we face as a nation is that we...

Have a Story? Send Us a tip
arrow up