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RMB Namibia's Ray Auala says it's a rough diamond. In this article he asks how Namibia can polish its bond market so that it can be displayed on the global stage.
Africa's not immune to the ‘all-asset’ sell-off markets are experiencing but when the dust settles investors may find good opportunities.
RMB acted as sole lead arranger to establish a domestic medium-term note programme and to manage Life Healthcare's inaugural bond issuance. The auction is aimed at diversifying its SA funding base to include the institutional market.