BSE posts positive outcome for 2014

Tsheole
Tsheole

Although the Botswana Stock Exchange (BSE) main index posted a 5 percent appreciation in 2014, it was a large drop from 18.4 percent in 2013.

Recent data provided by the bourse shows that total turnover for the year recorded as at 12 December 2014 amounted to P2.1 billion, the second highest ever recorded in a similar period since the inception of the stock exchange.

BSE Deputy Chief Executive, Thapelo Tsheole said local companies were major contributors to the turnover, as they accounted for 58 percent in the last quarter compared to 56.5 percent recorded in the same period in 2013.

Editor's Comment
Watch your tongue Mr President

While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...

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