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
Ramogapi & Co should clear the Bonno confusion

According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...

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