CEDA exceeds repayment target by P116m

Friday, May 24, 2019

Stringent collection measures put forth by the Citizen Entrepreneurial Development Agency (CEDA) have resulted in the agency exceeding its collection target of P400 million by P116 million.

The historic achievement was revealed by Investment, Trade and Industry minister, Bogolo Kenewendo during the launch of Project Facilitation Fund this week.

Since its inception, CEDA has struggled to recover its loans from beneficiaries due to high project failure rates and general reluctance to repay amongst entrepreneurs. The Agency appears to have stepped up its loan recovery efforts, with a tougher stance against defaulters.

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CEDA exceeds repayment target by P116m

Stringent collection measures put forth by the Citizen Entrepreneurial Development Agency (CEDA) have resulted in the agency exceeding its collection target of P400 million by P116 million.

42 out of 45 bodies of Limpopo bus crash victims identified

Selefu

Selefu

Civil Society threatens court action over constitution amendment

Fans urged to fill up stadium

Coaches take jabs ahead of derby

A city divided!

Civil Society threatens Masisi with legal action

Routine child vaccination imperative