BHC to float P300m bond

Friday, July 20, 2018

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.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Thatayothe Ditlhokwe returns to the pitch

Ditlhokwe returns after long term injury

Larona Makhaiza | 13 m ago

Gov’t limits Limpopo crash victims’ burial attendance

Boikanyo Mathonsi | 1 h ago

Champagne time for Young Stars?

Boitumelo Khutsafalo | 4 h ago

Botswana editors forum calls for greater inclusivity and consultation

Correspondent | 5 h ago

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

Staff Writer | 2d ago

MISA Botswana celebrates World Press Freedom day

Staff Writer | 2d ago

Unlawful wounding turns to murder

Sharon Mathala | 2d ago

Mahalapye suspected copper cable thief nabbed

Pini Bothoko | 2d ago

Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

The Monitor Editor | 29 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More