BSE swims against economic downturn tide
Friday, December 20, 2024 | 330 Views |
At the helm: Bolokwe PIC: MORERI SEJAKGOMO
Last year, the DCI rose 15.5%, the strongest performance since 2013, powered by heavyweight counters in tourism, banking and finance.
This year, the movers were a mixed bag, although banks and financial institutions such as Standard Chartered Bank Botswana, First National Bank Botswana, BIHL and Absa were all amongst counters whose share prices rose. Only Access Bank, amongst the banks, was marginally down one percent as at Press time on Wednesday.
Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...