BSE To List Gold ETF By Year End

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Save for meeting certain regulatory requirements and securing a local partner, South Africa's Absa Capital says plans have reached an advanced stage to list and trade a gold Exchange Traded Fund (ETF) on the Botswana Stock Exchange (BSE) before December.

Absa Capital officials were on Thursday upbeat about secondary listing of the NewGold Gold Bullion Debentures (NewGold), which is the third largest gold ETF in the world.

"We are quite encouraged by the reception we got from institutional investors," Absa Capital associate principal Dr Vladimir Nedeljkovic said at a media presentation at the BSE.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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