Judiciary about to be embroiled in ugly tribal politics sundaystandard.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sundaystandard.info Daily Mail and Mail on Sunday newspapers.
BoB fails to meet targets on Gov’t bonds
Breaking News
Bank of Botswana (BOB) is failing to raise enough money from government bonds and treasury bills it periodically floats in the local market. The bank and Ministry of Finance are working around the clock to raise money in order to finance shortfalls in government expenditure needs.
Through BoB, Government borrows from the local capital market by floating and issuing bonds and treasury bills regularly for uptake by locally trading investors. This year, with deteriorated government fiscus and depleted foreign reserves, pressure is mounting on BoB to explore available debt options locally with a view to avoid excessive external borrowing which often comes with exorbitant interest rate charges and costly terms.
Khama lawyers dismiss BDP s MacD weekendpost.co.bw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from weekendpost.co.bw Daily Mail and Mail on Sunday newspapers.