Markets

Tsheole elected to chair Committee of SADC Stock Exchanges

Botswana Stock Exchange (BSE) has announced that its Chief Executive Officer (CEO) Thapelo Tsheole has been elected Chairman of the Committee of SADC Stock Exchanges (CoSSE) with immediate effect. John Kamanga, Chief…

BSE hosts Africa Middle East Depositories Association meet

The Botswana Stock Exchange (BSE), and the Central Securities Depository Botswana (CSDB) will host the 27th meeting of the Africa Middle East Depositories Association (AMEDA) on the 11-12 April, 2018 at Cresta…

Lucara Diamond shares surge 4% higher

Lucara traded 176 shares on the last day of the short trading week, however the stock managed to steal the spot light, and end the day as the best weekly performer on…

Domestic Equities: Stanchart sinks further

Stanchart’s share price has been on a slippery slope for the better part of the year. The bank is currently the BSE biggest loser, having depreciated by 33.2% for the year. The…

BHC to redeem BSE-listed P260m notes

Botswana Housing Corporation will redeem the BHC017 Unsecured Notes, having an aggregate nominal amount of BWP 286,000,000 and maturing on 10 December 2017. The redemption will occur on 10 December 2017 as…

Trading at the BSE: Slow start to the week

Trading session opened the week with very low volumes on the first two days with a spike on Wednesday and a huge Letshego trade on Friday. Letshego has experienced some heavy trades…

Bank of Botswana cuts Bank Rate to 5%

At the meeting held on October 24, 2017, the Monetary Policy Committee (MPC) of the Bank of Botswana decided to reduce the Bank Rate from 5.5% to 5%. According to the bank,…

Barclays Africa, OMFIF launch Africa Financial Markets Index

Expanding and deepening financial markets across Africa is a central condition for the next stage of the continent’s development. That is a key conclusion of the Africa Financial Markets Index launched today by think tank OMFIF and sponsored…