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
Makgekgenene played her part

“Ignore the noise, focus on your work”- AnonymousAs the DG of such a controversy-ridden institution, you really played your part in the fight against corruption and economic crime. Your stay at the helm of the DCEC was quickly paying dividends under your stewardship. During your tenure, there was a lot of action as those caught on the wrong side of the law were brought to court regardless of their economic or political status. We have learnt...

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