Stage set for CSD launch by BSE

Tuesday, April 29, 2008

The Botswana Stock Exchange (BSE) will introduce the Central Securities Depository System (CSD) next month.

The move is meant to achieve the objectives of the Committee of the SADC Stock Exchange (COSSE) to harmonise regional stock market trading. The CSD forms part of the road map by Hiran Mendis, the Sri Lankan who was roped in by government to help put the BSE on the world map after the departure of Dr Tebogo Matome in 2006 as chief executive officer.

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