BSE beefs up support for SMEs

SMEs are traditionally reluctant to approach the BSE for listing mainly due to concerns around upfront fees, cost of compliance, as well as the burden of corporatisation, especially perceptions involving the loss of control that comes with inviting the public onto the share registry.

The BSE is partnering with the government in its SME financing drive, with Finance Minister Ndaba Gaolathe on Monday unveiling a P1.31 billion allocation across various programmes for SMEs. He also pledged more progress on the National Fund of Funds, which is planned to finance the citizen enterprise ecosystem from the 2027–2028 financial year.