BSE lifts Stockbrokers suspension
Tuesday, November 22, 2016
SBB, which is one of the country’s oldest and leading brokerage firms, was suspended in August after being found to have breached the bourse’s rules and regulations.
BSE’s market development manager, Thapelo Moribame said the suspension was lifted upon being satisfied that all the compliance issues so far as the BSE and the Central Securities Depository of Botswana (CSDB) were met.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...