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BSE scores first IPO since 2017

Capital central: The BSE’s headquarters in Gaborone PIC MORERI SEJAKGOMO
Capital central: The BSE’s headquarters in Gaborone PIC MORERI SEJAKGOMO

The BSE has a spring in its step, as its years-long campaign for new listings is bearing fruit. The local bourse has welcomed a P2.13bn Initial Public Offer from Continental Re, with the pan-African group saying Botswana was a prime choice for a listing. MBONGENI MGUNI writes

Continental Reinsurance group managing director, Lawrence Nazare, says Botswana stood head and shoulders above its peers when the reinsurance giant looked around the continent for its Initial Public Offer (IPO).

With a presence in more than 50 African countries, operating through six regional hubs in Lagos, Nairobi, Gaborone, Douala, Abidjan and Tunis, Continental Re is amongst the continent’s homegrown commercial luminaries.

Editor's Comment
Commitment by DPP to fight corruption welcome

Whilst many citizens put trust in their leaders that they are tackling one of the worst curses that can befall a country, the public has lost trust after all the cases seemed not to go anywhere.As the saying goes, ‘corruption is a cancer that eats away at the fabric of society’; corruption affects effective governance.Corruption affects delivery of services to the public and also crumbles most systems meant to assist citizens who are very...

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