Inflation-linked ETF debuts on BSE
Thursday, November 19, 2015
Barclays and BSE officials marking the launch of the ETF PIC: KENNEDY RAMOKONE
According to the bank, the ILBI ETF will provide investors in Botswana with the opportunity to invest in the performance of a de facto South African government inflation bond benchmark index.
The listing is the first time that Barclays Africa had listed the ILBI ETF outside South Africa.
That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...