The 7-day BoBC yield was unchanged at 1.01 percent from the previous week, for a paper maturing on October 14, 2020. The summarised results of the auction held on October 6, 2020 are attached below: Source: Bank of Botswana
Business & Finance
DCI lost 6.61 percent year to date
The Domestic Companies Index (DCI) lost 0.08 percent during the week ending October 2, 2020. As indicated by Stockbrokers Botswana weekly report, the index closed at 6 999.11 points from 7 004.78 points of the previous week. For the year-to-date, the index lost 6.61 percent. A total of 8 945 727 securities valued at P12 […]
UN FAO Pledges $70 Million to Help Sudan Families
KHARTOUM, SUDAN – The United Nations Food and Agriculture Organization (FAO) has pledged $70 million to support 600,000 Sudanese families affected by severe flooding caused by record heavy rainfall this year. The FAO’s director of emergency response, Dominique Burgeon, told the agriculture ministry Wednesday in Khartoum that a joint assessment conducted by the FAO and […]
Auction Results (September 28 2020)
The 7-day BoBC yield was unchanged at 1.01 percent from the previous week, for a paper maturing on October 7, 2020. For a 91-day paper maturing on December 30, 2020, the yield increased to 1.04 percent from 1.02 percent. The summarised results of the auction held on September 28, 2020 are attached below: Source: Bank […]
DCI lost 6.54 percent year to date
The Domestic Companies Index (DCI) gained 0.03 percent during the week ending September 25, 2020. As indicated by Stockbrokers Botswana weekly report, the index closed at 7 004.78 points from 7 002.65 points of the previous week. For the year-to-date, the index lost 6.54 percent. A total of 771 554 securities valued at P5 997 […]
Economists Urge New Economic System for South Sudan
JUBA/GENEVA — While some South Sudanese experts recommend the government adopt a new economic system used by developing states to cut off black market currency exchange and stabilize skyrocketing prices, a new U.N. panel report says the real problem in South Sudan is deeply entrenched government corruption. South Sudan should switch to a developmental state […]