🇧🇼BotswanaSouthern Africa
CEDA disburses P696 million to 1,717 citizen-owned businesses in 2025–2026 financial year
via Mmegi1 min read
The Citizen Entrepreneurial Development Agency CEDA, a state-owned development finance institution, disbursed P696 million into the local enterprise ecosystem during the 2025–2026 financial year. This funding supported 1,717 citizen-owned businesses. Minister of Trade and Entrepreneurship Tiroeaone Ntsima stated in Parliament that CEDA increased its investment drive compared to the previous year, despite capital demand exceeding supply. As of the end of the third quarter of 2025, the agency's investments created employment for 3,109 people.
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This summary was AI-generated from a story originally published by Mmegi.
National Assembly Speaker Dithapelo Keorapetse has acknowledged that many former Members of Parliament face difficulties finding employment after leaving office. To address this, the National Assembly is establishing a savings and credit cooperative SACCOS and exploring investment, insurance, and retirement solutions. Keorapetse stated that while special rights protect MPs during their tenure, many struggle with employability and insufficient retirement benefits afterwards. The National Assembly Credit and Cooperative Society, or SACCOS, is being registered with assistance from the Botswana Savings and Credit Cooperative Association BOSCCA to provide financial support to former MPs.
The Botswana Energy Regulatory Authority BERA has approved a nine percent across-the-board increase in tariffs for the Botswana Power Corporation BPC, effective August 1. This decision follows BPC's request in December for an average 46% increase across consumer categories. BERA, acting as the regulator, conducted a public hearing in February where significant opposition to BPC's initial request was voiced.
Mmegi Online, an independent news source in Botswana, displayed a 404 error message indicating that the page a user was looking for does not exist. The error appeared on a page that was likely intended to feature news about Manchester United signing Santos and closing in on Tielemans. The website provides various sections including news, business, sport, lifestyle, and features, and offers contact information and social media links.