CEDA allocates P37m to Lobatse businesses

Tuesday, April 28, 2015

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.

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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.