BSE suspends Stockbrokers Botswana

Tsheole PIC: MORERI SEJAKGOMO
Tsheole PIC: MORERI SEJAKGOMO

Botswana Stock Exchange (BSE) has immediately served Stockbrokers Botswana (SBB) with suspension pending investigations after realising that they have breached the bourse’s rules and regulations.

According to a statement released by SBB, they have requested for the suspension due to substantial accounting backlog, which dates back six months.

“Our accounting function was dysfunctional due to absence of a substantive finance manager for a period of six months which resulted in accounting backlog. We felt it’s necessary to halt all trading activities until the backlog is fully addressed,” read part of the statement.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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