Mmegi

LEA boosts economic activity in F/town

Statistics shared by the Francistown City Council (FCC) this week highlight that there was a strong uptake of Local Enterprise Authority (LEA) initiatives from April 2019 to date. : Radisigo
Statistics shared by the Francistown City Council (FCC) this week highlight that there was a strong uptake of Local Enterprise Authority (LEA) initiatives from April 2019 to date. : Radisigo

FRANCISTOWN: Statistics shared by the Francistown City Council (FCC) this week highlight that there was a strong uptake of Local Enterprise Authority (LEA) initiatives from April 2019 to date.

Disclosing the figures during a full council meeting this week, the northern city mayor, Godisang Radisigo, stated that since 2019, the LEA client portfolio in their jurisdiction increased from 44 to 373.

“This portfolio depicts 41% of clients in the services sector, 35% in manufacturing, 15% in agriculture, and nine percent in tourism. “The resultant turnover for the past five years increased tremendously well and this is a sign of economic growth and resuscitated SMME participation,” he said.

Editor's Comment
Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

Have a Story? Send Us a tip
arrow up