BoBCs move to boost BBS bond
Friday, November 18, 2011
With the country's commercial banks holding an additional P3 billion in liquidity following the Bank of Botswana's decision to trim BoBCs earlier this month, the P250 million bond provides a prime vehicle for a market hungry for investment opportunities.
Last week, BoB announced it had slashed outstanding BoBCs by P3 billion to P10 billion, stressing their cost and the need for banks to innovate "alternative bankable projects".
It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...