RMB urges businesses to hedge against exposures
Friday, April 24, 2015
Hedging is defined as a risk management strategy used in limiting or offsetting probability of loss from fluctuations in the prices of commodities, currencies, or securities. In effect, hedging is a transfer of risk without buying insurance policies.
RMB officials at a risk management workshop held in Gaborone on Wednesday, discussed hedging instruments available in other African countries, cross-border banking in Africa and methodology when executing large hedges.
The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...