BSEL's Tshipidi Board To Nurture SMMEs

BSEL - CEO, Thapelo Tsheole
BSEL - CEO, Thapelo Tsheole

The Botswana Stock Exchange Limited (BSEL) has early this month launched a platform meant to nurture small, medium and micro-sized enterprises (SMMEs).

The Board is the second of its kind after Serala OTC, which registers businesses not ready to list their equities on the stock market.

BSEL chief executive officer (CEO), Thapelo Tsheole revealed during the first opening bell ceremony of 2019 that the stock exchange will have a second Board dubbed Tshipidi Board.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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