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The town of Luangwa in eastern Zambia has been hit hard by flooding in recent years, leading to business closures and economic disruption.
The town relies heavily on local revenue sources, like markets and shops, for its budget.
Overall revenue collection was meeting 92% of estimates, but revenue specifically from local sources languished at just 74% of expectations in 2022.
Not only did this impact the council's expenditures and services, but a portion of the tax proceeds had to be spent on tax collection itself.
Faced with this crisis, Zambia officials developed a multi-pronged strategy focused on long-term financial health, economic pivoting, and tapping new revenue streams.
According to a detailed report by local officials, Luangwa has implemented an innovative program to increase revenue collections and economic stability in the face of mounting climate change impacts.
The town's ability to pivot to market changes increased by 50%.
Total revenue available for investment and growth increased 38% from 2021 to 2022.
Engagement efforts led to a 30% increase in community participation in Town Council meetings.
This boosted input on spending priorities.
Economic stability during downturns improved by 40% due to diversified revenue sources.
The town's ability to pivot to market changes increased by 50%.
The new market has already drawn many new women shopkeepers.
An 80% increase in women
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Quebec City's Mus ? 'e des beaux-arts du Qu'bec museum is getting a major boost from a single man. Michael Audain, chairman of the Jean Paul Riopelle Foundation, has pledged $10 million toward...more
Foundation: Ford Motor Company Fund
The Ford Motor Company's philanthropic arm is getting a new name: Ford Philanthropy. The rebranding reflects Ford's 75-year legacy of "driving impact in Ford communities around the world," says...more
A leaked list of the European Union's top priorities for the next decade paints a bleak picture for the bloc's efforts to combat climate change. The list, prepared by the European Commission and...more
If you're a teen in Lenawee County, Mich., and you love giving back to your community, you may want to consider becoming a member of the Lenawee YOUTH Council. The council, a program of the...more
Foundation: Whitefish Community Foundation
"But wait. We're not done yet." That was the message from Lois Davis, CEO of the Whitefish Community Foundation, as it handed out $520,300 in grants to 68 nonprofit organizations in the...more
When All Things Right and Relevant closed its doors in Davis, Calif., earlier this year, it left behind a legacy of support for those with mental illness. Now, with $1.3 million from the sale of...more
Foundation: Community Foundation of the Ozarks
Volunteers are needed for a Springfield, Mo., charity that helps kids with disabilities play baseball. Hamra Enterprises, a family-owned company that operates nearly 200 restaurants nationwide,...more
It's that time of year again: time for investors to look back at the last presidential election and see if there's any correlation between it and the performance of the stock market. A Bloomberg...more
Foundation: Kellogg Foundation
For more than 30 years,Henrie Treadwell has been fighting for racial equity at the University of South Carolina, where she became the school's first black graduate since Reconstruction, the...more
If you're an employer looking to attract the next generation of workers, Entrepreneur has some advice: Get to know Gen Z. The list is based on a recent study of 11,495 high school students,...more
Social Entrepreneurship
Spotlight
Finding a Place in Mainstream Social Enterprise
Nell Derick Debevoise, Founder and CEO of Inspiring Capita, shares what she thinks are the three main ingredients in finding your place in social enterprise.
