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CEDA funded project failures blamed on promoters

Monday, February 26, 2024 | 380 Views |

Projects funded by the Citizen Entrepreneurial Development Agency (CEDA) often fail as a result of a host of challenges faced by promoters including failure to employ sound business practices such as good record keeping, Parliament has been told.

Responding to a question on impediments in the way for entrepreneurial successes in Botswana, Entrepreneurship minister Karabo Gare admitted that indeed there were hindrances faced by business owners.

“I am aware of various impediments in the way of entrepreneurial success for Botswana,” he responded to the question posed by Gaborone North Member of Parliament, Mpho Balopi. Giving an overview of the failure rate during the period covering June 2019 and June 2023, Gare revealed that CEDA funded 7,960 projects.

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CEDA

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CEDA funded project failures blamed on promoters

Projects funded by the Citizen Entrepreneurial Development Agency (CEDA) often fail as a result of a host of challenges faced by promoters including failure to employ sound business practices such as good record keeping, Parliament has been told.

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply