ESG bond boosts local market ratings
Friday, November 01, 2024 | 480 Views |
Leading the market: Pheko-Moshagane launched the country's first green bond last year
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.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...