Prior to the January 30 auction the highest amount ever sought by the central bank in its monthly forays into the capital market was P4.6 billion in January 2025. Under government’s P55 billion domestic note issuance programme, the BoB floats bonds and Treasury Bills (TB) each month to raise debt for government in the capital market. At the auctions, primary dealers, who are exclusively banks, compete to lend to the government by offering the yields or returns they are seeking.
For years, we have rightly celebrated our world-class HIV response. The PMTCT programme has been its crown jewel, ensuring HIV-positive mothers could safely nurture their newborns without fear of transmission. Now, a leaked memo exposes a terrifying reality that the lifeline has been frayed to breaking point.
A key warehouse in Francistown stands empty, and access is being rationed. Official reassurances about expected consignments ring hollow to…
