Bulls out-muscle bears in 2013 capital markets

No Image

In spite of several Botswana Stock Exchange de-listings and the traditional illiquidity associated with local fixed income trade, the domestic capital market was the playground of bullish investors in 2013, as seen in several milestones during the year.

By the end of November, the equity market - the local capital market’s more liquid and active component - had grown by 17.9 percent pointing to the local bourse’s best performance in recent years.

By comparison, the Domestic Companies Index appreciated by 7.74 percent last year and 8.7 percent in 2011, shed 11.4 percent in 2010, experienced a modest rise of 2.9 percent in 2009 and a sharp drop of 16.5 percent in the recession year of 2008.

Editor's Comment
We should care more for our infrastructure, road safety

These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...

Have a Story? Send Us a tip
arrow up