Cut the red tape - Lefhoko tells LEA

FRANCISTOWN: The Assistant Minister of Trade and Industry, Duke Lefhoko, has appealed to financial institutions to cut the red tape and empower citizens.

Speaking at the official launch of the northern branch of the Local Enterprise Authority (LEA) at Thapama Hotel, Lefhoko called on the Citizen Enterpreneurial Development Agency (CEDA) and other financial institutions "to move faster in facilitating the financing of important to establishing new businesses and empowering existing ones".

Lefhoko singled out First National Bank of Botswana (FNBB) for leveraging, saying the bank's managers must use the "discretionary powers invested in them" to "ensure that financing of needy local businesses is fast-tracked".

Editor's Comment
We should care more for our infrastructure, road safety

These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...

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