Govt borrows P822m from local market
Wednesday, March 06, 2019
Government borrows quarterly from the local capital market to fund the national budget and also develop the market’s capacity.
On March 1, an amount of P350 million was offered under the six-month treasury bill, with total bids amounting to P548 million and the offer fully allotted. The three bonds, all existing papers which were being reopened, offered P500 million, P150 million and P100 million.
While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...