Revised Lending Guidelines Boost CEDA Loan Book
Monday, August 17, 2020
CEDA Chief Executive Officer, Thabo Thamane
Data from the development financial institution shows that about P20 million was allocated to manufacturing, services at P12 million, and property sector got P8 million while agribusiness was financed for P700,000.
The Agency recently launched a new set of revised guidelines which offer entrepreneurs an opportunity to be funded up to the tune of P50 million with no collateral. The move is part of President Mokgweetsi Masisi’s roadmap to create wealth for indigenous Batswana while building a strong middle class.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...