CEDA loans repayments improve

Cleaning up: Thamane says loan repayments are within target
Cleaning up: Thamane says loan repayments are within target

The Citizen Entrepreneurial Development Agency (CEDA) loan book seems to be getting cleaner with the agency managing a collection rate of above 90% of their targets in the past three years.

According to the Agency’s chief executive officer, Thabo Thamane most of the businesses have managed to honour their debts obligations and are paying accordingly.

During 2014/2015 financial year, CEDA collected about P238 million against their set target of P264 million. The following year, they collected P265 million against a P283 million target while in the year 2016/2017, they raised P346 million against the P330 million target.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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