The demutualisation of the Botswana Stock Exchange

History of Botswana Stock Exchange Limited

The modern day Botswana Stock Exchange Limited (BSEL) traces its origins to the Botswana Share Market (BSM) that was established in 1989. Back then there was only one stock broker (Stockbrokers Botswana) and it created the market by matching orders from the public on the shares of the then five listed companies. The buoyancy of Botswana’s economy led to more companies and more stockbrokers coming to the market and ultimately creation of the BSE in 1994 through an Act of Parliament.