AFDB mulls floating Pula bonds
Wednesday, May 27, 2015
The AFDB team met with Finance Minister Kenneth Matambo when they visited Botswana in February this year
In the Botswana 2015-2019 Country Strategy Paper (CSP) released last week, the development bank said it would explore the possibility of issuing Pula-denominated bonds to support deepening of the financial market.
“This would help to somewhat address the needs of institutional investors who are not only looking for more Pula assets but also longer dated investments.
A network of high-tech cameras is now live, and they will be watching motorists every move behind the wheel. For the safety of everyone on the roads, drivers must take this wake-up call seriously or be prepared to face the consequences. These are not just speed traps. The new detecting devices are sophisticated. They will catch you running a red light, speeding, or driving an unregistered vehicle. They will spot the driver who is not wearing a...