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Zimbabwe, Botswana to accelerate bond markets

Zimbabwe has not had a strong bond market to date despite being home to one of Africa’s oldest stock exchanges.

THE Bond Market Association of Zimbabwe (BMAZ) and the Botswana Bond Market Association (BBMA) this week signed a Memorandum of Understanding (MOU) expected to lay groundwork for the acceleration of capital raising instruments for infrastructure projects. The bond market is often referred to as the debt market, fixed-income market, or credit market. It is the…

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