Flo-Tek ponders BSE listing

The Lobatse-based pipe manufacturing firm, Flo-Tek is pondering on listing on the Botswana Stock Exchange (BSE).

Promoters of the company believe that the move to list on the bourse will be the company’s way to increase local ownership.

Flo-Tek chief executive officer Vijay Naik told BusinessWeek in an interview that the BSE listing would be the company’s first move to become a public entity.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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