BSE uptrend continues

On the march: Stanchart CEO, Mpho Masupe, is delivering returns to investors
On the march: Stanchart CEO, Mpho Masupe, is delivering returns to investors

The Botswana Stock Exchange (BSE)’s flagship platform, the Domestic Companies Index (DCI) closed May having risen 4.1 percent since the beginning of the year, a strong performance by most listed companies that also hints at recovery in the general economy.

Statistics from Stockbrokers Botswana indicate that in the first five months of the year, the charge was led by Standard Chartered whose share price rose 41.1% during the period, followed by Chobe Holdings, Absa, and Cresta.

Standard Chartered has enjoyed a rosy period on the DCI, ticking up by more than 10 thebe on two separate days in the first five months of the year. The bank posted a threefold increase in pre-tax profits for the year to December 2022, recording P253.1 million.


Editor's Comment
A collective responsibility to end FMD spread

As cases continue to threaten herds and rural livelihoods, one simple but critical action can make a powerful difference: strictly adhering to FMD regulations, including refraining from slaughtering cloven-hoofed animals.Cloven-hoofed animals, such as cattle, sheep, goats, and pigs, are highly susceptible to FMD. Slaughter, especially during outbreaks or restricted periods, significantly increases the risk of spreading the virus through...

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