Youth fund faces teething problems

The Permanent Secretary (PS) in the Ministry of Youth, Sport and Culture, Ruth Maphorisa told the first YDF Pitso at the University of Botswana (UB) in Gaborone yesterday that the initiative is frustrated by lack of entrepreneurial skills among the beneficiaries.

She said this leads to high project failure, high loan default rates and high demand for funding by the youth. She said these problems necessitated a need to re-strategise and map a better way forward for the fund.