Business

ODC secures P880m loan from StanChart

Friday, April 11, 2014

The fledgling Okavango Diamond Company (ODC) has secured a $100 million (P880 million) loan from Standard Chartered Bank Botswana to fund diamond purchases and other operational expenses.

 

Acting minister of finance Vincent Seretse made the announcement in Parliament on Wednesday when he was retrospectively requesting the House of Assembly’s ratification of a government guarantee for the loan facility extended to the state owned diamond company.

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Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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