The demutualisation of the Botswana Stock Exchange
Friday, August 24, 2018
History of Botswana Stock Exchange Limited
The modern day Botswana Stock Exchange Limited (BSEL) traces its origins to the Botswana Share Market (BSM) that was established in 1989. Back then there was only one stock broker (Stockbrokers Botswana) and it created the market by matching orders from the public on the shares of the then five listed companies. The buoyancy of Botswana’s economy led to more companies and more stockbrokers coming to the market and ultimately creation of the BSE in 1994 through an Act of Parliament.
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...