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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
Exercise extra caution!

Unfortunately, petty thieves tend to be more vicious around this time as they also prepare for the festive season. Culturally, many Batswana go home for the holiday, and petty thieves are amongst those who go home. Burglaries, car break-ins, and attacks on unsuspecting pedestrians seem to be on the rise!That is not all, as scammers continue to take money from pensioners as well as other Batswana who may fall prey to their unscrupulous tactics....

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