Sowa Town council raises P1.5 million as financial pressures mount :: Mmegi Online

As financial constraints continue to weigh heavily on councils across Botswana, Sowa Town Council has managed to raise P1.5 million to reinforce its finances at a time when national funding is steadily shrinking.

The council believes that the initiative is a critical step toward stabilising operations and reducing dependence on government allocations that are no longer keeping pace with rising demands.

Addressing councillors during a recent full council meeting, Sowa Town Mayor Ford Moiteela stated that the decision to raise funds was driven by the urgent need to strengthen internal financial systems and prepare for the challenging fiscal landscape ahead. He told councillors that the council had taken deliberate measures to boost its resilience in a climate where resources were becoming increasingly scarce each year.

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ECONOMY

Sowa Town council raises P1.5 million as financial pressures mount

As financial constraints continue to weigh heavily on councils across Botswana, Sowa Town Council has managed to raise P1.5 million to reinforce its finances at a time when national funding is steadily shrinking.

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