Zambian firm to list $500m debt note on BSE

Spreading wings: Tsheole says more issuers are seeing Botswana as an ideal base to raise capital from
Spreading wings: Tsheole says more issuers are seeing Botswana as an ideal base to raise capital from

The Botswana Stock Exchange (BSE) has approved an application by a Zambian firm which seeks to raise $500 million debt in the local market, a development analysts say underlines the potential of the local capital market.

On Monday when opening the Botswana Bond Market Association's (BBMA) roundtable, BSE CEO Thapelo Tsheole said similar requests were coming in from around the region at different levels of advancement.

“One of the things that we are seeing, because of what we managed to do in terms of developing the market, is interest from neighbouring countries to come and raise capital,” he said.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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