BALA to buy shares on BSE


FRANCISTOWN: The Botswana Association of Local Authorities (BALA) has declared its plans to buy shares on the domestic bourse in a bid to widen its investment portfolio.

The decision to invest in shares was made at the association’s elective conference held here last week. Mmasepala Group of Companies, which is 100% owned by BALA, has been mandated to find suitable counters which BALA can invest in.

“For now Mmasepala has been given the mandate to buy shares from BTC before the company can consider buying shares from other companies on behalf of BALA.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

Have a Story? Send Us a tip
arrow up