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BHC taps P2bn bond to fund developments

Friday, July 22, 2022 | 670 Views |

Thinking big: Sefawe says the funds are required for
large-scale building programmes

The Botswana Housing Corporation (BHC) plans to float a new bond from its P2 billion note programme later this year to finance an upcoming construction programme across the country.

The corporation plans to construct 336 units at Block 7 flats, 100 units in Maun, 212 units in Kazungula, 13 units in Phakalane, 84 units in Letlhakane, 96 in government camp in Francistown, and 30 units in Nata.

Presenting the company’s financial results for the year ended March 31 last week, BHC acting CEO, Pascaline Sefawe, said the latest round of fundraising will be done in the fourth quarter of the year.

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BHC taps P2bn bond to fund developments

The Botswana Housing Corporation (BHC) plans to float a new bond from its P2 billion note programme later this year to finance an upcoming construction programme across the country.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!