CEDA Launches Online platform
Friday, September 22, 2023 | 950 Views |
New dawn: Minister of entrepreneurship Karabo Gare
Under the tag line ‘Kaekapakae’ the online service will allow customers to inquire about CEDA offerings, apply for loans and submit online, track loan application progress, check loan balance as well as to request for statements amongst other services.
Speaking during the launch this morning, the Minister of Entrepreneurship, Karabo Gare, applauded the initiative adding that it is part of government's reset agenda in which parastatals were tasked with developing and implementing strategies whose core focus is to leave no one behind. They are also tasked with embracing and incorporating digitalisation with a focus of building a customer experience that is integrated, seamless and trusted.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...