Gov't hits P15bn domestic borrowing ceiling
Friday, May 29, 2020
Since 2008, the domestic issuance programme has guided government on borrowing from the local capital market. From a ceiling of P5 billion in the original programme, Parliament approved the increase to P15 billion in 2011.
Today, the Bank of Botswana (BoB), which manages government’s domestic borrowing programme through auctions held every three months, will float a Treasury Bill and three bonds seeking P1.85 billion in borrowings for government.
March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...