BSE cracks down on defaulters

Friday, February 21, 2014

The Botswana Stock Exchange (BSE) is proposing the establishment of a Default Board, where the securities of errant listed companies will be transferred and fined daily, as part of latest rules against non-compliance at the exchange.

The BSE’s new draft listing rules, published last week, are open to feedback from listed companies, brokers and registered advisers who are the targets of the new rules. Other stakeholders are also allowed to feed into the final listing rules, with a cut-off date of May 12.

If approved, the default board will be the BSE’s fourth after the domestic, foreign and venture capital.

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BSE cracks down on defaulters

The Botswana Stock Exchange (BSE) is proposing the establishment of a Default Board, where the securities of errant listed companies will be transferred and fined daily, as part of latest rules against non-compliance at the exchange.

Relay team hunts elusive gold

Nico launch late Houdini act

GU face Galaxy hurdle in title defence

Tables turn on disciplined forces

Softball constitution under scrutiny

Bodybuilders ready to flex muscles

UB Rhinos on the charge

Ditlhokwe returns after long term injury

Stakeholders must step up veggie supply