mmegi

BHC taps P2bn bond to fund developments

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

Editor's Comment
Consult, get buy-ins first for 6 to 6 policy, Hon Minister

While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...

Have a Story? Send Us a tip
arrow up