Municipality receives R90m injection
The Greater BaPhalaborwa municipality in Limpopo has received a R90million injection from the national treasury to help boost its developmental projects.
The money will be used to build community halls, parks cinemas and a Thusong service centre in Selwane.
The money is part of the R270million windfall from the Development Bank of Southern Africa (DBSA).
The funds were facilitated by the DBSA as prescribed by the memorandum signed between the municipality and the bank in 2006.
The municipality and DBSA signed the memorandum of understanding to improve infrastructure development in the area.
This includes roads, tourism, capacity building and sporting facilities.
Greater BaPhalaborwa municipal mayor Gloria Valoyi said the money would seriously boost the economic growth of the municipality.
Valoyi said the money would help reduce the rate of unemployment among youths in the area and at the same time play an important role in the fight against poverty among the "have nots".
"More than 100 unemployed people will get into the construction field, while no less than 50 others will also get employment opportunities during the various phases of the programme," she said.