Stanbic bank bolsters bond market

Sheperd Asiam and Thapelo Tsheole during bond market confrence media briefing.PIC: KENNEDY RAMOKONE
Sheperd Asiam and Thapelo Tsheole during bond market confrence media briefing.PIC: KENNEDY RAMOKONE

Stanbic Bank Botswana, will in a bid to support greater growth of the bond market, sponsor the inaugural Bond Market Conference to be held on October 6, 2016. The bank will serve as the Diamond Sponsor for the highly anticipated event.

The first of its kind, the conference is the birth child of the Botswana Stock Exchange (BSE) and the Botswana Bond Market Association (BBMA), with a view to bringing together relevant stakeholders to engage in discussions around developing and nourishing the bond market.

“We are honoured to come on board as the Diamond Sponsor for such a prestigious and meaningful platform as this. Our excellent business pedigree in lead arranging, book-running and trading of bonds in secondary market saw it only natural for a partnership with the BSE and BBMA.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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