Govt returns to market, seeks to borrow P1.25bn
Friday, November 22, 2019
The government, through Bank of Botswana, borrows quarterly from the local capital market mainly to develop the local market’s capacity, but also to fund gaps in the national budget.
The auctions of government notes are exclusively attended by primary dealers, who comprise some banks. The government paper represents risk free, solid returns for investment.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...