Demutualisation and the evolution of stock exchanges

Tsheole recently guided the BSE to its demutualisation
Tsheole recently guided the BSE to its demutualisation

Stock Exchanges are vital enablers of economies in that they facilitate the transfer of capital from economic agents with surplus capital to those with a deficit in order to create economic activity.

In other words, stock exchanges provide a platform on which Governments and Corporates can issue securities in exchange for capital (from investors seeking returns) as well as serve as a market on which these issued securities can be traded. 

 

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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