Debt capital markets set to gain momentum
Friday, June 26, 2015
The analyst, Ikanyeng Segonetso, said before the financial crisis, regulators moved in swiftly to draft rules and regulations intended to make the banking industry safer and more resilient to unexpected economic conditions.
He stated in his research paper titled, ‘Banking Sector to Stimulate Debt Capital Markets’ that in the recent global financial crisis, public funds were used to bail out failing banks.
That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...