Poor business plans overwhelm CEDA

In need of a boost: More CEDA funding would boost the Francistown economy which has struggled since the closure of Tati Nickel Mine in 2016 PIC KEOAGILE BONANG
In need of a boost: More CEDA funding would boost the Francistown economy which has struggled since the closure of Tati Nickel Mine in 2016 PIC KEOAGILE BONANG

FRANCISTOWN: Poorly prepared business proposals have inundated the Citizen Entrepreneurial Development Agency (CEDA), which has seriously impeded its efforts toward improved allocation of funds to some applicants.

Francistown mayor, Godisang Radisigo told councillors that the problem has been traced back to an over-reliance on consultants by those seeking funding. What is even more worrying to Radisigo is that the consultants charge exorbitant fees for their services.

“With regards to the poor proposals, the agency will continue to collaborate with Local Enterprise Authority (LEA) and Tokafala to assist business entities with the preparation of their business proposals. “There is also continuous identification of training and mentoring needs during project appraisals and mentoring, with a view to upskilling clients,” Radisigo said.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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