Repayment of youth business loans slow
Thursday, April 10, 2014
![Seretse](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/uploads/imported_images/2014/april/10/phpF8EB.tmp.jpg&w=400&q=72&f=jpg&t=1)
Seretse
Seretse said the introduction of the local procurement scheme – a 20 percent reservation of government micro percent procurement activities for the youth, women and people living with disabilities – should help improve the situation. “This initiative will go a long way in assisting the sustainability of youth owned projects and it is meant to provide market access to products from youth companies”, said Seretse. In the financial year 2013/14 government ministries have awarded a total of P109.8 million worth of tenders to youth owned businesses.
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