BHC pays back P286m to investors

BHC Houses
BHC Houses

The Botswana Housing Corporation (BHC) will pay back about P286 million it borrowed from the bond market in 2010.

On December 10, 2017, BHC says it will redeem an unsecured note BHC017, which is listed on the Botswana Stock Exchange (BSE).

The bond is part of a P2 billion note by the BHC, which the parastatal taps into to raise funding for its operations.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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