CEDA loans repayments improve

Cleaning up: Thamane says loan repayments are within target
Cleaning up: Thamane says loan repayments are within target

The Citizen Entrepreneurial Development Agency (CEDA) loan book seems to be getting cleaner with the agency managing a collection rate of above 90% of their targets in the past three years.

According to the Agency’s chief executive officer, Thabo Thamane most of the businesses have managed to honour their debts obligations and are paying accordingly.

During 2014/2015 financial year, CEDA collected about P238 million against their set target of P264 million. The following year, they collected P265 million against a P283 million target while in the year 2016/2017, they raised P346 million against the P330 million target.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

Have a Story? Send Us a tip
arrow up