The Botswana Stock Exchange (BSE) is a stock exchange located in Gaborone, Botswana, established in 1989 and became the Botswana Stock Exchange in 1994. It is governed by the Botswana Stock Exchange Act.
According to CAJ News The Botswana Stock Exchange (BSE) has reported a 26 percent increase in turnover to P4,5 billion (US$389,34 million) for 2021, which is consistent with the country’s economic recovery following the COVID-19 pandemic. At the height of the epidemic, turnover was P3.6 billion in 2020.
The performance of local equities reflected, to a greater extent, the trajectory of the local economy’s growth projections, according to the BSE’s Market Performance Report for 2021.
The State of Emergency in Botswana was lifted in September 2021, following measures to help end the spread of the virus and ensure adequate vaccination coverage.
According to the BSE, the economy’s reopening has resulted in a better business environment, as evidenced by favorable sentiments in the Bank of Botswana’s Business Expectations Survey (September 2021) and the improved business environment for listed businesses in general.
“Investor activity has stepped up in keeping with this trend, as share prices have presented enticing entry valuations over the year,” according to the BSE.
In order to transform the local exchange, the Botswana Stock Exchange (BSE) plans to install a new Central Securities Depository (CSD), Automated Trading System (ATS), and stock market simulator. The financial firm believes that the technology will boost efficiency while also attracting new investors.
BSE expects to realize the benefits of its technology investment in 2022 and the years ahead.
“These will transform the landscape in major ways such as investor activity, the introduction of new services and products, participation across various products, the reach of the market, and overall education levels about the stock market,” BSE stated.