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
Public servants deserve better than union infighting

‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...

Have a Story? Send Us a tip
arrow up