- GCC, BSE signMOU for issuance of municipal bonds
- Municipal bonds expected to ease financial burden on Govt
GORATAONE KGOSIMORE
As government continues to grapple with financial challenges and a dwindling economy, the Gaborone City Council (GCC) has undertaken aresolve toself-finance, inking a Memorandum of Understanding (MoU) with Botswana Stock Exchange (BSE) which will facilitate issuance of municipal bonds.
Themunicipalbonds, a historicfeat as the first ever in the country will see GCC independently raise funds directly from the markets tofinance its infrastructureand projects.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased