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BSE beefs up support for SMEs

Helping hand: Moribame says the BSE is boosting its SME programmes and assistance PIC: FNBB FACEBOOK
Helping hand: Moribame says the BSE is boosting its SME programmes and assistance PIC: FNBB FACEBOOK

The Botswana Stock Exchange (BSE) is stepping up its support for Small to Medium Enterprises (SME), with two new initiatives launching this year around access to the market as well as direct funding.

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.

Editor's Comment
Let justice, not politics determine Salakae’s fate

“Justice should not only be done, but should manifestly and undoubtedly be seen to be done.”-Lord HewartHis decision was the correct one.The move neither proves guilt nor settles the serious allegations that have brought him to the doorstep of the Regional Magistrate’s Court.It does, however, recognise a basic principle of accountable government, that a minister facing criminal charges should not remain in a position that could create even...

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