Markets

Stanbic Bank Botswana named Best Private Bank 2018

The highly reputed Global Banking and Finance Review has named Stanbic Bank Botswana as the Global Banking & Finance Awards® winner for the Best Private Bank Botswana 2018. The Best Private Bank Botswana 2018…

Standard Chartered announces early redemption of SCBB 008 note

Standard Chartered Bank Botswana Limited has given notice to exercise its option for the early redemption of SCBB 008 Subordinated Unsecured Notes, having an aggregate nominal amount of BWP 127,260 000 maturing…

African capital markets continue steady development

 2018 saw a continuation of what has become a consistent theme of improvement in Africa’s capital markets. Upgrades in trading and settlement systems and the introduction of new instruments in a number…

Netflix to fund content acquisitions through $2billion debt

Netflix, Inc. (Nasdaq:NFLX) said it intends to offer, subject to market and other considerations, approximately $2.0 billion aggregate principal amount of U.S. dollar denominated and euro denominated senior unsecured notes. The notes…

Tesla CEO settles SEC fraud charges

The Securities and Exchange Commission has announced that Elon Musk, CEO and Chairman of Silicon Valley-based Tesla, Inc., has agreed to settle the securities fraud charge brought by the SEC against him…

Kgori Capital launches Unit Trusts

Kgori Capital has marked its first steps towards entering the unit trusts retail market through the launch of the Kgori Capital Enhanced Cash Fund. The Kgori Capital Enhanced Cash Fund is an investment…

Tlou Energy’s non-renounceable entitlement offer closes

Tlou Energy Limited says its Non-Renounceable Entitlement Offer announced on 6 June 2018 has closed with applications from eligible shareholders and the underwriter/sub-underwriters totaling approximately A$3.7 million (before costs) through the issue…

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