Advertise on Bizcommunity

Subscribe to industry newsletters

Consultative indaba, new direction for Lotteries

The National Lotteries Board (NLB) indaba - to review the current funding model, identify its shortcomings and make proposals for a new model that will best suit South Africa's development needs - will be held 20-21 June 2011 at Gallagher Estate, Midrand, Gauteng.
This will be its Distribution Trust Fund's first consultative indaba following provincial information sharing meetings, conducted by the NLB in October and November 2010. Many issues raised during these meetings relate to the restrictive current legislation.

Preparations for the indaba began with consultations held a month ago across all nine provinces, where stakeholders discussed priority areas for funding and provided feedback on the current funding model. The results of the provincial consultations informed the agenda for the national indaba, which will address the following areas:
  • Where should the money go for maximum impact? Policy, priorities and reach.
  • How should it be done? Structure, application and adjudication.
  • Managing risk. Governance and sustainability.

Given the history and current context of the country, many organisations are not able to meet existing application requirements and the NLB believes that the funding model needs to be revisited and adjusted to close the identified gaps. Dr Rob Davies, Minister of Trade and Industry will officially open the conference.

Professor Alfred Nevhutanda, chairman of the NLB invites members of the media to attend the indaba and cover the proceedings.

To register, telephone Khomotso or Maria on +27 (0)11 506 7300 or email az.oc.aporem@mostomohk or az.oc.aporem@dairam.
Comment

Related

News

Let's do Biz