BSE to automate next year - Mendis

The Botswana Stock Exchange (BSE) is set to shift from floor trading to automated trading next year, a development that should help oil the highly illiquid bourse.

In an interview with Reuters, the Chief Executive Officer of the BSE, Hiran Mendis, said the bourse should fully automate early next year and improve liquidity levels which have deterred foreign interest.

Mendis said electronic trading should arrive in the first half of 2011, to be followed some time after that by Internet-based trading.

Editor's Comment
Inspect the voters' roll!

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...

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