BHC to float P300m bond

Botswana Housing Corporation (BHC) is finalising a new P300 million bond, proceeds of which will be used to fund the parastatal’s various developments around the country.

Currently the Corporation is engaged in the construction of 138 densification flats in Phase 4, 107 in Village and 11 in Extension 11 in Gaborone as well as 100 houses in Tati Siding, 50 in Tutume, 99 in Palapye and 18 in Tonota. The BHC is also due to build 100 houses in Maun, Letlhakane and Tsabong.

The Corporation’s CEO, Reginald Motswaiso confirmed the latest developments in an interview with BusinessWeek.  “We are already in talks to float a new bond that would be used to address accommodation challenges across the country,” he said.         

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Govt must crack whip on Cross border crime

“Betrayal hurts, but knowingwho was betraying hurts even more.”- Garima SoniWhat the men of Ditlharapa, Molete and neighbouring villages uncovered is a cross-border enterprise. The modus operandi, as the suspect himself reportedly confessed, is industrial: groups operating in multiple villages, fences cut with impunity, stolen goats walked into South Africa, warehoused at Makhubung, then sold in batches of 200 to a commercial farmer in...

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