Banks, investors target rising Africa bond issues
Tuesday, November 23, 2010
The market may also eventually see issuance by corporations in some of the larger sub-Saharan economies outside South Africa, such as Nigeria and Angola.
South African state-owned power utility Eskom and Zambia are just two expected issuers in 2011. Angola, Tanzania, and Uganda also have dollar-bond plans in the pipeline, while Kenya is seriously considering an issuance if domestic yields rise, a senior Treasury official told Reuters yesterday.
March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...