CEDA assisted businesses have better survival rate
Saturday, May 01, 2021
CEO of the DDevelopment Finance Institution, Thabo Thamane noted that the figure includes those that are struggling to pay back their loans, but are still in operation and employing people.
“Most of CEDA-assisted businesses stand a better survival rate and are creating employment,” Thamane said. This 72% figure is calculated by dividing propensity of the start-up that survive in the next three to five years by total number of businesses funded.
While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....