CEDA funds 4, 500 projects under new guidelines

Thamane PIC: PHATSIMO KAPENG
Thamane PIC: PHATSIMO KAPENG

As many young people have taken advantage of opportunities presented by the new Citizen Entrepreneurial Development Agency (CEDA) Lending Guidelines, Chief Executive Officer Thabo Thamane says more still need to be done Mmegi Staff Writers OARABILE MOSIKARE & PAULINE DIKUELO recently caught up with the CEO to discuss the funding of businesses in Botswana under the new guidelines. At least 4, 500 business projects have been funded since the revised CEDA Lending Guidelines and Requirements launched in July 2020.

Mmegi: CEDA recently launched its revised guidelines and is also administering part of the Industry Support Facility for small businesses. To what extent do you reckon these measures will sustain existing businesses and create new diversified sectors of the economy?

Thamane: We launched the revised guidelines some time last year in winter and after that, we had the institution administer the ISF (Industry Support Facility). Let me start with the guidelines.

Editor's Comment
When power scorns accountability

While every citizen, including the Head of State, has the right to voice opinions, the tone and context of the President’s comments were regrettably dismissive and risk chilling free expression in our country. The remarks are not isolated. They form part of a disturbing pattern of public attacks on independent institutions pillars essential to the healthy functioning of our democracy. The Judiciary, the Legislature, and now the media have all...

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