Moody�s lends support to BDC�s new strategy

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The Botswana Development Corporation’s (BDC) new strategy of increasing debt investments and reduce equity exposures will go a long way in addressing its legacy of high risk investments, the Moody’s Investor Service has said.

Announcing a first ever rating on BDC, Moody’s hailed the corporation’s new strategy where they intend to increase debt investments to as much as 75% of total   investments.

“As part of its new strategy, BDC also intends to reduce equity exposures and increase loans and preference shares exposure to around 75% of total investments.  A successful execution of BDC’s new growth strategy will likely lead to a more resilient earnings profile and stronger asset quality.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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