PRIVATE Sector Development Association (PSDA) Chairperson Yusuf Dodia says the Ministry of Small and Medium Enterprises Development is publicising its inefficiency by admitting that it takes over a year to process funding applications for SMEs. On Saturday, Ministry Permanent Secretary Subeta Mutelo said the Ministry had placed a strong vetting process for empowerment applications, stating that SMEs wait for over a year to access funds. Commenting on these remarks in an interview, Saturday, Dodia said the Ministry was publicising its inefficiencies. “I think it’s too long. For a ministry to even say it will take a year, they ought to be ashamed to make such a statement. It shows that even the inefficiency in the Ministry is now being publicised...
