New BSE board to give SMMEs a boost

Thapelo Tsheole
Thapelo Tsheole

Small, Medium and Micro Enterprises (SMMEs) have welcomed the Botswana Stock Exchange’s (BSE) decision to introduce a specialised board with relaxed listing requirements tailored for their sector.

BSE chief executive officer, Thapelo Tsheole unveiled the new board known as Tshipidi, at Thursday’s Second Listing and Investment conference, teasing SMMEs with few details about the upcoming launch.

“The Tshipidi Board for SMMEs is due soon, which will have lower entry thresholds for companies, such as the minimum number of investors required,” he told the conference.

Editor's Comment
Botswana at a critical juncture

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...

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