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
Moswaane must now put up or hush

The Speaker, Dithapelo Keorapetse, delivered a judgment on the allegations made by Moswaane regarding an influx of substandard medicines into the country. After reviewing a dossier of evidence, including savingrammes, letters from BOMRA, and even a death certificate, the Speaker concluded that the Minister was guilty of grave exaggerations.The ruling did not dismiss Moswaane entirely though. It acknowledged that some medicines had been recalled,...

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