Mmegi

BSE expects new listings

Eyeing growth: Bolokwe
Eyeing growth: Bolokwe

The Botswana Stock Exchange (BSE) says at least four companies have passed board resolutions to raise capital by equity listings, in moves that will boost activity on the local exchange.

The BSE’s last Initial Public Offer (IPO) was in 2017 whilst the last listing was in 2018, a performance the exchange has been fighting to turn around over the years through various initiatives.

In an update for the year to September 30, BSE officials said tangible progress was being made to attract listings and a few of the companies targeted were still undergoing restructuring, consolidations, and establishment of holding companies that would become listed entities.

Editor's Comment
Makgekgenene played her part

“Ignore the noise, focus on your work”- AnonymousAs the DG of such a controversy-ridden institution, you really played your part in the fight against corruption and economic crime. Your stay at the helm of the DCEC was quickly paying dividends under your stewardship. During your tenure, there was a lot of action as those caught on the wrong side of the law were brought to court regardless of their economic or political status. We have learnt...

Have a Story? Send Us a tip
arrow up