BSE heads for strongest year since 2013
Friday, December 08, 2023 | 370 Views |
Heading north: The BSE is storming to a strong year PIC: MORERI SEJAKGOMO
By close of market on Wednesday, the DCI was up 15% in the year to date, led by counters such as Chobe Holdings (+88.6%), Standard Chartered Bank Botswana (+77.7%), Seedco (30%), Absa Botswana (22.1%) and First National Bank Botswana (21.7%).
The last time the DCI performed at similar levels was in 2013, when it ended the year up 17.8%, before sliding for several years including an 11.3% drop in 2018, followed by an 8.3 percent fall during the COVID-19 year of 2020.
As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...