YDF wheels jam as youth fail to repay loans
Monday, November 13, 2023 | 300 Views |
The call was made by President Mokgweetsi Masisi in his last week’s State of The Nation Address where he bemoaned that the repayment of loans is currently low. “For the sustainability of the fund, as well as for equity, I urge recipients of loans to timely repay their loans as this is a revolving fund,” he said.
YDF, which is housed under the Ministry of Youth, Empowerment, Sport and Culture Development, is a half grant and half loan arrangement. Beneficiaries are expected to repay their loan component to enable government to sustain the programme as a way of demonstrating responsibility and accountability. For years, government has been concerned about the number of youth who default on their loans.
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...