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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
Ramogapi & Co should clear the Bonno confusion

According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...

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