BSE commercialisation gets Parly nod

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Parliament has adopted Botswana Stock Exchange (BSE) transition bill, which allows the bourse to be registered as a company under the Companies Act.

The bill was adopted last Friday, paving way for the exchange to transform into a commercial entity in line with international trends.

 “Part II, of the bill allows the Botswana Stock Exchange to apply to the registrar of companies under section while part IV of the bill deals with matters related to the continuation of the Botswana Stock Exchange Security Fund under the new name of Investor Compensation Fund, and the transitional arrangements,” said Finance Minister Kenneth Matambo. He also said this fund would provide compensation to investors who may suffer loss due to the dishonesty or liquidation of a stockbroker.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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