IFSC to set up commodities exchange next year

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The Botswana International Financial Services Centre (IFSC) says it is currently coordinating with other stakeholders to facilitate the launch of the highly anticipated Commodities and Derivatives Exchange in the coming financial year.

The parastatal's CEO Alan Boshwaen says in the Botswana IFSC 2008 annual report released this week that together with the Ministry of Finance and Development Planning and the Non-Bank Financial Institutions Regulatory Authority (NBFIRA), they are preparing for the launch.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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