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
Ruling party should tread carefully on cadre deployment

But on the particularly sensitive question of cadre deployment, the BNF must tread very carefully.The issue deserves robust debate, not ideological enthusiasm. Recent public comments from the BNF leadership are reassuring: the party has said that government positions should be based on merit and competence rather than party membership, and that it does not have a specific cadre-deployment policy.That principle should remain firmly at the centre...

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