Botswana Stock Exchange

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Botswana Stock Exchange
Industry Finance
Founded 1995
Headquarters Gaborone
Key people
Mr Hiran Mendis CEO
Ms Juliana White Corporate Affairs
Bopelokgale Soko Listings and Trade
Boitumelo Bakwena Finance and Administration
Products Stock trading services
Website http://www.bse.co.bw/

The Botswana Stock Exchange is a small but thriving stock exchange located in Gaborone, Botswana. The Botswana share market was established in 1989 and became the Botswana Stock Exchange in 1995. It is governed by the Botswana Stock Exchange Act.

The BSE has about 35 market listings and 3 stock indices: the Domestic company index (BSE DCI); the Foreign company index (BSE FCI), incorporating companies which are dual listed on the BSE and another stock exchange; and the All Company Index, which is a weighted average of the DCI and FCI. As well as equities, BDC bond and Investec Floating Rate Notes are traded. Private investors are estimated to account for under 10% of the total market capitalisation. Foreign-based mining companies make up over 90%.[1]

The exchange's normal trading sessions are from 09:30am to 10:30am on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.[2]

The licensing authority for brokers in Botswana is the Ministry of Finance. Membership may be corporate or individual.

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References[edit]

  1. ^ Morton, Fred; Ramsay, Jeff; Mgadla, Part Themba (2008). "Botswana Stock Exchange". Historical Dictionary of Botswana. African Historical Dictionaries 108 (4th ed.). Metuchen, New Jersey: Scarecrow Press. p. 57. ISBN 978-0-8108-5467-3. 
  2. ^ Market Hours, Botswana Stock Exchange via Wikinvest

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