Retail investors rise 200% on BSE

Mendis
Mendis

Shares trading by individuals on the Botswana Stock Exchange (BSE) have jumped nearly 200 percent in the past five years, a development the bourse says is an indication of improvement in financial inclusion.

According to the BSE 2013 Annual Report released this week, local individual contribution to turnover in 2013 was 8.7 percent rising by nearly threefold over the past five years from three percent in 2008.

The BSE registered a record turnover of P2.3 billion in 2013, meaning retail investors traded shares worth P200 million on the bourse in the year.“Over the past three years, local individual investor contribution to turnover has averaged 8.4 percent.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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