Business

Govt, banks finalise P1bn COVID-19 scheme

Friday, September 11, 2020
Ready to rumble: Habana says talks have been finalised PIC: PHATSIMO KAPENG PAULINE DIKUELO
Ready to rumble: Habana says talks have been finalised PIC: PHATSIMO KAPENG PAULINE DIKUELO

covid19

BusinessWeek is informed the banks and Botswana Export Credit Insurance (BECI) will be signing an agreement launching the facility ‘within days’. BECI, a government-owned credit insurance firm, is tasked with administering the loan guarantee scheme.

Under the scheme, government will cover private sector loans to participating banks up to 80%, with the banks taking up the rest of the risk.

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Editor's Comment
Inspect the voters' roll!

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...

The Monitor Editor | 23 April 2024
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