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
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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