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
Consult, get buy-ins first for 6 to 6 policy, Hon Minister

While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...

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