CEDA allocates P37m to Lobatse businesses

Thamane
Thamane

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
No room for perjury

It seems some government accounting officers, sworn to tell "the truth, the whole truth, and nothing else but the truth" before Almighty God, may have deliberately lied during the committee’s vital work. If proven, this is not merely unprofessional; it is perjury, a serious criminal offence and it strikes at the very heart of responsible government.The PAC’s role is fundamental. After each financial year, it painstakingly examines how public...

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