BSE lifts Olympia�s four-year suspension

Olympia Capital Corporation resumes trading on the Botswana Stock Exchange (BSE) this morning, after four years of suspension slapped after it repeatedly failed to publish its financial results within stipulated periods.

Yesterday, BSE head of market development, Thapelo Moribame told BusinessWeek that the four-year suspension had been lifted after the Kenyan majority-owned group complied with the bourse’s listing rules.

“The BSE Main Committee has lifted the Olympia suspension as of the 15th December 2017 when the company stocks will start trading,” she said.

Editor's Comment
When power scorns accountability

While every citizen, including the Head of State, has the right to voice opinions, the tone and context of the President’s comments were regrettably dismissive and risk chilling free expression in our country. The remarks are not isolated. They form part of a disturbing pattern of public attacks on independent institutions pillars essential to the healthy functioning of our democracy. The Judiciary, the Legislature, and now the media have all...

Have a Story? Send Us a tip
arrow up