Yields rise as gov’t raises P1bn debt
Friday, September 02, 2022 | 540 Views |

Wary eye: Finance Minister, Peggy Serame is keeping watch on government’s escalating debt costs PIC: MORERI SEJAKGOMO
The Bank of Botswana (BoB), acting as government’s agent in the capital market, raised an additional P1 billion in debt for the fiscus on August 26, through the auction of three bonds and two treasury bills.
The amount raised at the latest auction was 67% of the total P1.5 billion offered by the central bank to bidders at the auction, compared to 66% allotted in the July auction.
From Jakoba's mysterious disappearance on November 9 to the grim discovery of his remains at Mosinki Lands, a gap in the response mechanisms of the police and village leadership has been laid bare. The community's anger is evident, seen in the attack on Bakang Masole, the man found driving Jakoba's taxi and the main suspect, and the subsequent riot. Residents express discontent, citing a troubling trend of missing persons cases often...