BSE expects new listings
Tuesday, October 22, 2024 | 270 Views |
Eyeing growth: Bolokwe
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.
Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...