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CEDA Launches Cooperatives Product

Thabo Thamane PIC: PHATSIMO KAPENG
Thabo Thamane PIC: PHATSIMO KAPENG

Citizen Entrepreneurial Development Agency (CEDA) has launched the CEDA Cooperatives Product, a culmination of efforts to bring to market a product that seeks to address challenges cooperatives in Botswana face.

The product seeks to finance, among others, equipment, plant, asset acquisition, working capital needs and property development.

Through the facility, CEDA will fund cooperatives either being start-up, expansion, with income-generating activities, or registered with the Ministry of Investment Trade and Industry with up to P50 million.

Editor's Comment
Mob justice isn't just

A young man suspected of breaking into a car was seized by residents, severely assaulted, and died in the hospital within an hour. We unreservedly condemn this mob justice. It is not a solution to crime, but a criminal offence that turns citizens into murderers.Residents are understandably angry about theft. The person who raised the alarm at 4am acted lawfully, and the neighbours who rushed to help showed community spirit. But what followed was...

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