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
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

Have a Story? Send Us a tip
arrow up