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BSE hails Absa for green bond listing

Partners for sustainability: Tsheole, Environment Minister, Philda Kereng, Pheko-Moshagane and other officials at the listing PIC: PHATSIMO KAPENG
Partners for sustainability: Tsheole, Environment Minister, Philda Kereng, Pheko-Moshagane and other officials at the listing PIC: PHATSIMO KAPENG

Absa Bank Botswana last week made history when it listed the Botswana Stock Exchange (BSE)’s first sustainable bond, a P47.7 million note targeting green funding in the local economy.

The bond was issued under the P2billion note programme Absa has listed on the BSE.

Sustainable bonds also known as green bonds, provide investors with an avenue to support projects that have positive environmental and social impacts.


Editor's Comment
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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