Watershed year at BSE

2014 proved to be a defining year at the Botswana Stock Exchange (BSE) with increased number of counters opening Central Securities Depository (CSD) accounts while new products were also introduced.

The BSE transition bill also sailed through parliament, which will allow the incorporation of the Stock Exchange providing it with the flexibility to operate on a more commercial basis and enter into strategic alliances.

In the year, the stock market also introduced the Exchange News Service.  This service will disseminate listed company information to the market in real time, facilitating punctual, equal and wide exchange of relevant news and information. Subscribers to the X-News Email Service now have the link to the publications dispatched to their designated email addresses within 10 minutes of uploading to the ATSM and BSEW.

Editor's Comment
Ruling party should tread carefully on cadre deployment

But on the particularly sensitive question of cadre deployment, the BNF must tread very carefully.The issue deserves robust debate, not ideological enthusiasm. Recent public comments from the BNF leadership are reassuring: the party has said that government positions should be based on merit and competence rather than party membership, and that it does not have a specific cadre-deployment policy.That principle should remain firmly at the centre...

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