Botswana Stock Exchange Limited

BOTSWANA STOCK EXCHANGE LIMITED: BSEL Overview: The Botswana Stock Exchange Limited (BSEL) is Botswanas sole stock exchange given the responsibility to operate and regulate the securities market in Botswana. The formation of the BSE can be traced back to 1989 when it was then known as Botswana Share Market (BSM). At that time there was no formal stock exchange in Botswana and the BSM traded as an informal market. At the time, there were only 5 listed entities with a single broking firm. In September 1994, the legislation to transform the BSM into a full exchange was passed by Parliament paving the way for the establishment of the Botswana Stock Exchange Limited (BSEL) where trading opened in November 1995. The BSEL continues to be pivotal to Botswanas financial system, and in particular the capital market, as an avenue on which government, quasi- government and the private sector can raise capital. The BSEL plays host to the most pre-eminent companies doing business in Botswana...