Botswana ventures into bonds. (Finance). African Business | December 1, 2002 | COPYRIGHT 2002 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

Strong government credit ratings from international agencies has encouraged Botswana to float a multi-million pula bond through its stock exchange in Gaborone. Brokers and analysts say the move is a watershed for Botswana's fledgling bourse and underlines the country's strong fiscal management and political stability over the years. Notes Rupert McCammon, CEO of Capital Securities in ...

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