BSE forges ahead with demutualization

Thapelo Tsheole
Thapelo Tsheole

As the Botswana Stock Exchange (BSE) forges ahead with its demutualisation drive, expectation is that the move will provide more investment options for Batswana and help in improving liquidity on the local stock market.

Demutualisation is described as a process by which a member-owned mutual organisation converts into a company owned by shareholders. Usually, the members exchange their proprietary rights for shares of the demutualised company. Currently, government through the Ministry of Finance and Development Planning controls the BSE.

BSE deputy chief executive officer, Thapelo Tsheole said demutualisation would enhance the BSE’s efficiency by allowing a more flexible governance structure, which will foster decisive action in response to the business environment.

Editor's Comment
Khama, Masisi should rise above personal differences

Hurt as he may have been, former president Ian Khama, Sir Seretse’s senior son who was given an opportunity to speak on behalf of the Seretse family, couldn’t mince his words as he took advantage to shred his successor Mokgweetsi Masisi to pieces.He, however, did not clearly mention names but he referred to Masisi as the leader of a political party that was founded amongst others by his father.He would also address him as the former State...

Have a Story? Send Us a tip
arrow up