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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
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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