BSE cracks down on defaulters

Friday, February 21, 2014

The Botswana Stock Exchange (BSE) is proposing the establishment of a Default Board, where the securities of errant listed companies will be transferred and fined daily, as part of latest rules against non-compliance at the exchange.

The BSE’s new draft listing rules, published last week, are open to feedback from listed companies, brokers and registered advisers who are the targets of the new rules. Other stakeholders are also allowed to feed into the final listing rules, with a cut-off date of May 12.

If approved, the default board will be the BSE’s fourth after the domestic, foreign and venture capital.

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BSE cracks down on defaulters

The Botswana Stock Exchange (BSE) is proposing the establishment of a Default Board, where the securities of errant listed companies will be transferred and fined daily, as part of latest rules against non-compliance at the exchange.

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

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!