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
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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