Mmegi

ESG bond boosts local market ratings

Leading the market: Pheko-Moshagane launched the country's first green bond last year
Leading the market: Pheko-Moshagane launched the country's first green bond last year

The market’s inaugural green bond listing by Absa Bank Botswana, helped the country climb one notch up in the latest edition of the Absa Africa Financial Markets Index (AFMI).

The index, which gauges the performance of financial markets across 29 countries, ranked Botswana sixth in Africa, a run up from the seventh position held last year.

According to the AFMI report, African financial markets have been resilient to economic headwinds, with this year alone seeing improvements in countries’ sustainability considerations in finance, alongside growth in transparency and market depth.

Editor's Comment
Public servants deserve better than union infighting

‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...

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