SMEDCO targets US$10m SME lending

SMEDCO chief executive Obert Ngwenya

THE Small and Medium Enter­prises Development Corporation (SMEDCO) plans to disburse US$10 million in loans to the small and medium-sized en­terprise (SME) sector this year after achieving 95 percent of its lending target in the first half of 2026. The lending target comes as the government seeks to im­prove access to finance for mi­cro, small…

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