BNOC In P54m Budget Shortfall

Tuelo Serufho
Tuelo Serufho

Despite the current financial struggles in the local sport, the Botswana National Olympic Committee (BNOC) has set the 2018/2019 year budget at over P58 million.

However, speaking at the BNOC ordinary general meeting held in Gaborone on Thursday, BNOC chief executive officer, Tuelo Serufho said his organisation can only raise just over P4 million through the International Olympic Committee (IOC) funding and fund raising activities. He added that they expect the government to meet the remaining P54 million deficit.

“We have a reduction of P250, 000 from the government. We are not aware of these changes in the grants we receive. However, we expect the government to meet the remaining P54 million in our budget. It is a huge number, but the current leadership has seen the benefit of sport, in terms of sport tourism amongst other things. So I believe they will help us. We also have Tokyo 2020 (Olympic) games, and that is where most of the money will go,” he said.

Editor's Comment
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