Trading of bonds dips as corporates balk

Wednesday, October 26, 2016

Trading on the bond market as measured by total turnover dipped 70% in the first nine months of the year reflecting the shallowness of Botswana’s capital markets.

A recently released quarterly report by the Botswana Stock Exchange (BSE) showed that the value of bonds traded in the first three quarters of 2016 was P240.8 million in comparison to P751.1 million traded over the same period in 2015.

Market development manager at the bourse, Thapelo Moribame told Mmegi Business that the total bond turnover was a result of concentration of trading activity on one government bond, BW003.

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Trading of bonds dips as corporates balk

Trading on the bond market as measured by total turnover dipped 70% in the first nine months of the year reflecting the shallowness of Botswana’s capital markets.

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

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IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Serowe man 'loses' P1m in trading

Inspect the voters' roll!