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BSE seeks to play role in economic makeover

Publishing Date : 19 February, 2018


The Botswana Stock Exchange (BSE) third annual Listings & Investment Conference is expected to be bigger, better and more informative this year. It shall also speak to the topic of economic diversification and the potential role of the BSE.

The conference will be held at the Gaborone International Convention Centre (GICC) on the 8th of March 2018. This year‘s edition speaks directly to current language of Botswana economic transformation quest, BSE officials told members of the press this Monday at their offices in Gaborone. The conference will be held under the theme “Botswana Stock Exchange - a platform for economic growth & diversification”.

The overall aim of the Listings & Investment Conference is to open up the BSE to the business community and bring together the BSE, private companies with the potential to list on the stock exchange, listed companies and experts in capital markets to discuss the value added to a private company by listing on a stock exchange. The listing process and requirement will also be discussed.

The conference will also provide a platform for listed companies to share lessons on how they created value through listing and how they leveraged on their listing to expand their services and products offerings to markets outside Botswana. This year, BSE has also extended the invitation to Small, Medium Enterprises (SMEs) with the aim to give them exposure and provide business dialogue and exchange of views.  

Giving more details on the event Botswana Stock Exchange Chief Executive Officer, Thapelo Tsheole said the genesis of the conference was  to attract listings to the Exchange and spread the message of listings as far as possible.“We have made efforts to reach ordinary people and educate them on the listing and investing in stock markets and we are realizing progress in terms of companies coming forward to list,” he said. Tsheole noted that convincing companies to list is a process and that the actual listing also is a long process.

BSE also shared that amongst the key topics to be discussed was the much talked about and futuristic crypto currencies which are novel areas of possible investor interest for the local market. “We will have experts in this interest area, because we have witnessed a lot of public interest in these commodities,” shared Tsheole. BSE Marketing Head Thapelo Moribame revealed that they have also invited representatives from the World Federation of Exchanges to brief the conference on the issue of listing family owned businesses.

This year ‘s conference will be sponsored by Botswana Insurance Holdings Limited  (BIHL) Group as the Diamond Sponsor , Choppies Enterprises Limited, Rantao Kewagamang Attorneys  and Monthe Marumo Attorneys among others. Just as in the previous two conferences the Vice President of the Republic of Botswana, Honourable Mokgweetsi E. Masisi will deliver the official opening remarks. The conference is expected to gather a total of 400 delegates, including lawyers, brokers, corporate financiers, asset managers and trustees amongst others

BSE to host AMEDA meet
The Botswana Stock Exchange (BSE), will also host another key event just after the listing conference, which is the meeting of the Africa Middle East Depositories Association (AMEDA) in collaboration with Central Securities Depository Botswana (CSDB) which is a 100 % owned subsidiary of the Botswana Stock Exchange.

The 27th meeting of AMEDA will be held on the 11-12th April, 2018 at Cresta Mowana Safari Lodge in Kasane. BSE says hosting this meeting is a huge achievement for the BSE and Botswana as a whole as it will be the first time that the AMEDA meeting is held in Botswana. “This therefore demonstrates our prowess and our commitment to building a world class securities exchange as about 28 full members and 8 affiliate members of AMEDA from about 32 countries around the world will descend on the tourist town of Kasane for the meeting,” reads a recent press statement by BSE.

The AMEDA meetings are dedicated towards the review of the association’s financial performance, as well as conducting workshops on the relevant topics that impact the operations of the Central Securities Depositories in the AMEDA region. AMEDA is a non-profit organization comprised of Central Securities Depositories and Clearing Houses in Africa & the Middle East and was formed for the benefit of its member community, as an elective, inter-professional and regional facility geared towards fostering the spirit of cooperation, reciprocity and harmony among members. Its main purpose is to provide a forum for the exchange of information and experiences among its members in a spirit of mutual cooperation.



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