Business

Kweneng District council sets trust to facilitate developments

kweneng trust
 
kweneng trust

Kweneng District Council has established a trust to assist the district council facilitating funding toward local economic empowerment, social uplifting and coordination of rural development programmes in the Kweneng district council Through the trust, the Council will conduct fund raising projects and social awareness programmes, which include the walk for charity in April 2020. Kweneng Council Trust Administration Officer, Itumeleng Botlhoko told the Business Trends that they aim to develop council initiatives, which include funding and monitoring of funded projects to improve sustainability. “We have realized that most projects funded by council have some challenges and they require monitoring and sometimes cash injection and it is difficult for the council to do that. Through the trust we aim to raise funds to complement the government investment in social development.” She said they aim to raise about P100 000 from the fund raising march. This is expected to usher in various interventions that will be implemented in the district. Individuals will be able to buy tickets from P50 per person while companies will be able to buy business promotion packages from P3000. The Kweneng district has been divided into three sub districts; Lentsweletau, Letlhakeng and Molepolole.Under Lentsweletau sub district Botlhoko said currently there is a total of 661 beneficiaries who qualify for assistance under poverty eradication programme out of which 386 have been funded. 144 projects are operational, 238 are not operating while only 22 have been confirmed to have failed. She said they have engaged officers in sub districts to identify interventions that can address issues of market saturation, professional competence and motivation. “Our priority goals are to increase success rate of programmes by five to 10 percent in the year 2020/21 and to develop a comprehensive range of socio-economic innovations that can strengthen capacity, secure markets and sustain trade in the micro-economy,” she said.