Experts project bearish outlook for BSE
Friday, June 09, 2017
Moribame PIC: MORERI SEJAKGOMO
The experts are of the view that the spell of tight liquidity that has beleaguered the Botswana Stock Exchange (BSE) since the beginning of 2017 is not likely to ease any time soon.
Motswedi Securities head of research, Garry Juma said they expect the trend to continue for the better part of this year due to the prevailing mismatch between supply and demand in the market.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...