Debt capital markets set to gain momentum

Banks will need to issue a lot more debt than historical levels in the capital markets to meet the new regulatory requirements, a First National Bank of Botswana (FNBB) analyst said.

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.

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Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

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