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DISS drags Khama to Court of Appeal

They fear that Khama likely to destroy guns at State House 4 Guns kept in a safe, key holder’s whereabouts unknown Khama poses national security threat – faces treason charges Unoda Mack joins Khama defense team

BoB fails to meet targets on Gov t bonds

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.

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