NewPlat debuts on BSE
Monday, September 01, 2014
NewPlat is an instrument through which one can invest directly in physical platinum bullion through the Botswana Stock Exchange. NewPlat Securities are designed to track the price of platinum, and creates an investment tool enabling institutional and retail investors to invest in a listed security that is fully backed by platinum.
Speaking at the launch of NewPlat on Friday, ABSA Head of African Markets, and Mike Chriselis said they are sure the product will perform well in the market as it is already in high demand globally. “New Platinum is in high demand globally, so for Botswana markets we are sure it will perform extremely well as the market is easily accessible,” he said.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...