CEDA Completes Study On Manufacturing

Presenting before the Committee on Statutory Bodies and State Enterprises, CEDA chief executive officer (CEO) Thabo Thamane said the study has already been distributed to all permanent secretaries within the government enclave. “We want SMMEs to be export-oriented, so through the study, we've identified key challenges that inhibit them from accessing other markets outside the country and one of the issues we established was the need to start the export development product at CEDA,” he said.

According to Thamane, the product will work in collaboration with the Botswana Investment Trade Centre (BITC), as CEDA will be funding the companies that have been registered under BITC’s Export Development Programme. For the past decades, high numbers of local SMMEs have failed in their first phase of operation, which is normally the first three to five years.