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BSE liquidity on the rise

Moving up: The BSE's Domestic Companies Index is up 6.6 percent this year
Moving up: The BSE's Domestic Companies Index is up 6.6 percent this year

The Botswana Stock Exchange (BSE) has enjoyed a higher level of both the volume and value of shares traded since begining of the year, approaching levels last seen before the pandemic.

according to a report emailed this week, the BSE recorded equity turnover amounting to P882.3 million between January and September 30, representing a 91% increase from the same period last year and a 64.3% jump from the corresponding period in 2020.

Equity turnover, or the value of shares traded, was recorded at P1.2 billion in 2019, the year before the onset of COVID-19.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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