Bond market grows by 300 percent
Tuesday, December 02, 2014
Speaking at the Botswana Pensions Society conference in Gaborone yesterday, Botswana Stock Exchange (BSE) deputy chief executive officer, Thapelo Tsheole, noted that in 2010, the BSE together with market participants identified and documented several challenges impeding bond market development in Botswana.
Among the challenges identified were infrequent issuance of bonds by the government. “This is an issue taken up with government. We now have quarterly auctions although hardly any new bonds are issued, most are tap issuances,” he said.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...