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Labrish
Nyuuz
Cecilia Chakanza says Nkhata Bay revenue surge cleared K40m overdraft
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[QUOTE="Munyaradzi Mafaro, post: 52514, member: 636"] Nkhata Bay District Council has achieved remarkable fiscal progress during the first quarter of the 2025/2026 financial year. The local authority generated K110 million in revenue, representing 38 percent of its K284 million annual budget target. Chief Accountant Officer Cecilia Chakanza attributes this performance surge to strategic reforms. Staff training programs, personnel rotation policies, and electronic collection systems have transformed revenue generation capabilities. The council eliminated a K40 million bank overdraft through these improved financial practices. Enhanced revenue streams enable the district to pursue delayed infrastructure projects, such as the Chihame Market rehabilitation. Civil society organizations have endorsed the council's transparency initiatives and its adoption of technology. Michael Mwamachawa, who chairs local civil society groups, praised the electronic revenue collection system. The financial turnaround demonstrates the effectiveness of local governance reform. Community leaders express confidence that participatory governance approaches will sustain this positive momentum for future improvements in service delivery. [/QUOTE]
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Nyuuz
Cecilia Chakanza says Nkhata Bay revenue surge cleared K40m overdraft
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