CEDA allocates P37m to Lobatse businesses


The Citizen Entrepreneurial Development Agency (CEDA) has allocated over P37 million to Lobatse businesses since its inception, creating about 400 jobs.

Of this amount, about 18 percent was allocated to manufacturing, 9.2 percent to agriculture while the remaining 9.4 percent went to service businesses.

When addressing Lobatse residents during the CEDA open day on Friday, CEDA chief executive officer, Thabo Thamane said that this is a small amount considering that the agency receives about P342 million as a subvention from government.

Editor's Comment
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This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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