Malawi: NBS Bank Urges Malawi's Councils to Turn Revenue Into Results

Malawi: NBS Bank Urges Malawi's Councils to Turn Revenue Into Results

NBS Bank has called on Malawi's local councils to prove they can collect and manage money well before asking for more of it, saying devolution must transfer responsibility and accountability as well as funds.

NBS Bank urges councils to turn revenue into development

BLANTYRE-(MaraviPost)-NBS Bank plc has urged local councils to strengthen revenue collection and financial accountability, offering to explore digital and banking solutions to help them improve service delivery and unlock economic opportunities. NBS Bank Chief Wholesale Banking Officer, Alfred Nhlema, said effective financial systems could help councils translate fiscal decentralisation into tangible development for communities. He […]

NBS Bank urges Malawi’s Councils to turn revenue into results

NBS Bank has called on Malawi's local councils to prove they can collect and manage money well before asking for more of it, saying devolution must transfer ... Read the latest breaking news on Nyasa Times.