GetBucks seeks P500m to expand operations

Wednesday, January 11, 2017

Get Bucks Bulding.PIC: MORERI SEJAKGOMO1

Emerging micro-finance company, GetBucks Botswana is seeking to raise P500 million through a domestic medium term note (MTN) programme to expand its loan book.

The company, which embraces technology as a means to provide financial products and services to customers, recently stated that it intends to raise between P100 million and P200 million as a first tranche of the note.

“The Botswana Stock Exchange (BSE) has approved the programme memorandum for the note and it is anticipated that the note will be listed on the BSE on January 30, 2017,” the company said in a statement.

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