BSE hails Absa for green bond listing
Monday, January 29, 2024 | 980 Views |
Partners for sustainability: Tsheole, Environment Minister, Philda Kereng, Pheko-Moshagane and other officials at the listing PIC: PHATSIMO KAPENG
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.
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...