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
Consult, get buy-ins first for 6 to 6 policy, Hon Minister

While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...

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