BBS eyes BSE listing

BBS plans to apply for a banking license soon
BBS plans to apply for a banking license soon

FRANCISTOWN: The Botswana Building Society (BBS) aims to list on the Botswana Stock Exchange (BSE) once it transforms into a fully-fledged commercial bank.

Addressing shareholders at a meeting held this week to update them on the Society’s demutualisation process, managing director, Pius Molefe said BBS would operate for two years as a commercial bank before it lists on the BSE. “The plan is for our shares to be traded over the counter (OTC) and not at the main bourse,” he said.

Over-the-counter or off-exchange trading is done directly between two parties, without the direct supervision of an exchange.

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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