BSB raises P192m from capital market

Standing tall: The BSB has its eyes on growth
Standing tall: The BSB has its eyes on growth

Botswana Savings Bank (BSB) has raised P192 million through the recent private placement of four bonds, with the funds due to help its growth and target of boosting its loan book by 30%.

The bonds, which were privately placed with investors, are part of the BSB’s P1 billion note issuance programme announced last March.

According to a series of announcements made on the Botswana Stock Exchange, the BSB raised P82 million, P60 million, P30 million and P20.5 million in different maturing bonds carrying both fixed and floating rates.

Editor's Comment
A collective responsibility to end FMD spread

As cases continue to threaten herds and rural livelihoods, one simple but critical action can make a powerful difference: strictly adhering to FMD regulations, including refraining from slaughtering cloven-hoofed animals.Cloven-hoofed animals, such as cattle, sheep, goats, and pigs, are highly susceptible to FMD. Slaughter, especially during outbreaks or restricted periods, significantly increases the risk of spreading the virus through...

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