Regulations to Extend Reach of NLDF Grants
The National Lotteries Board has announced new regulations extend the reach of grants from the National Lottery Distribution Fund.
The new regulations mandate that 50 percent of money in the fund be used for specific priority areas to get the proceeds of the National Lottery to reinforce the government's efforts to relieve poverty and build a more equal society.
National Lotteries Board spokesperson, Sershan Naidoo, says that, "This new regulation does not preclude initiatives that don't fall within the remit; it simply guarantees an allocation to the poorest of the poor, as recognised by the minister."
In the same vein, CAF Southern Africa CEO, Colleen du Toit, says that though the areas highlighted are all critical, these are ‘functions that should be the responsibility of the developmental state’. Du Toit acknowledged the intent to make the application process easier, but said that management and administration remain a real problem.
To read the article titled, “Lotto rules to 'extend the reach' of grants,” click here.
The new regulations mandate that 50 percent of money in the fund be used for specific priority areas to get the proceeds of the National Lottery to reinforce the government's efforts to relieve poverty and build a more equal society.
National Lotteries Board spokesperson, Sershan Naidoo, says that, "This new regulation does not preclude initiatives that don't fall within the remit; it simply guarantees an allocation to the poorest of the poor, as recognised by the minister."
In the same vein, CAF Southern Africa CEO, Colleen du Toit, says that though the areas highlighted are all critical, these are ‘functions that should be the responsibility of the developmental state’. Du Toit acknowledged the intent to make the application process easier, but said that management and administration remain a real problem.
To read the article titled, “Lotto rules to 'extend the reach' of grants,” click here.
Source:
All Africa
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