Saturday, September 30, 2023
  • About
  • Advertise
  • Privacy Policy
  • Cookie Policy
  • Contact
  • Subscribe
  • E-edition
  • Login
  • Register
  • Home
  • News
  • Economy
  • E-Edition
  • Columns
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    Tumisang Orebonye: Overcoming Against Adversity to Reach for the Stars

    ‘Winning The CAF Super Cup Is A Dream Come True’ – Orebonye

    BAA Needs Over P3m For World Champs

    Botswana’s Sporting Future in Jeopardy: School Sports Suspension Threatens Athletic Excellence

    No House For Tebogo Despite Astral Performance in Budapest

    “No Pressure for Tebogo at Diamond League Finals”

    BOKA Aims to Host Two Prestigious International Karate Competitions

    BOKA Aims to Host Two Prestigious International Karate Competitions

    FM Botswana 2022 conference: transformation towards a greener FM 

    StanChart CEO Underscores Role of UB Marathon in Boosting Botswana’s Sports Tourism

    No House For Tebogo Despite Astral Performance in Budapest

    No House For Tebogo Despite Astral Performance in Budapest

    Trending Tags

    • Subscribe
    No Result
    View All Result
    • Home
    • News
    • Economy
    • E-Edition
    • Columns
    • Companies & Markets
    • In Business With
    • Lifestyle
      • Motoring
    • Sports
      Tumisang Orebonye: Overcoming Against Adversity to Reach for the Stars

      ‘Winning The CAF Super Cup Is A Dream Come True’ – Orebonye

      BAA Needs Over P3m For World Champs

      Botswana’s Sporting Future in Jeopardy: School Sports Suspension Threatens Athletic Excellence

      No House For Tebogo Despite Astral Performance in Budapest

      “No Pressure for Tebogo at Diamond League Finals”

      BOKA Aims to Host Two Prestigious International Karate Competitions

      BOKA Aims to Host Two Prestigious International Karate Competitions

      FM Botswana 2022 conference: transformation towards a greener FM 

      StanChart CEO Underscores Role of UB Marathon in Boosting Botswana’s Sports Tourism

      No House For Tebogo Despite Astral Performance in Budapest

      No House For Tebogo Despite Astral Performance in Budapest

      Trending Tags

      • Subscribe
      No Result
      View All Result
      The Business Weekly & Review
      No Result
      View All Result
      Home Companies & Markets

      BSE admitted into the African Exchanges Linkage Project

      The Project is designed to facilitate cross-border investment flows and investor participation through increased liquidity and securities trading activity on African stock exchanges.

      mm by Staff Writer
      May 31, 2022
      in Companies & Markets
      Reading Time: 2 mins read
      0
      BSE admitted into the African Exchanges Linkage Project
      Share on FacebookShare on Twitter

      Botswana Stock Exchange (BSE) says it has been officially admitted into the African Exchanges Linkage Project (AELP) by the African Securities Exchanges Association (ASEA) Executive Committee (EXCo) and AELP Steering Committee at a Ceremony in Douala, Cameroon today.

      The AELP is a co-initiative of ASEA and the African Development Bank (AfDB) who are the sponsors of the project. The Project is designed to facilitate cross-border investment flows and investor participation through increased liquidity and securities trading activity on African stock exchanges. In addition, the AELP is also expected to improve capacity for regulatory and policy formulation and standards harmonization for cross – border securities trading and settlement. Lastly, the Project is expected to lead to innovation in services and investment products, improve knowledge sharing and make it possible to establish real business partnerships among stakeholders leading to greater financial markets integration across Africa.

      The BSE admission follows the second phase of the project after the initial phase created linkages among seven African capital markets that represent about 90 percent of Africa’s market capitalization being: Nairobi Securities Exchange (NSE), Johannesburg Stock Exchange (JSE), Casablanca Stock Exchange (CSE), The Nigerian Stock Exchange (NiSE), Stock Exchange of Mauritius (SEM), The Egyptian Exchange (EGX) and Bourse Régionale des Valeurs Mobilières (BRVM). To be admitted into the Project, the BSE says it followed a rigorous application process for admission where the Exchange had to demonstrate, and successfully so, its legal authority and ability subject to its local laws and regulations to meet the required provisions.

      Commenting on this milestone, the BSE CEO, Thapelo Tsheole said, “The AELP is a transformational initiative that is set to revolutionize and harmonize the trading of securities amongst participating exchanges in the Sub-Saharan Region Hence, as the BSE, we took the immediate decision to join the original seven (7) participating Exchanges to stimulate easier cross-border trading in our market and similarly, also provide a gateway to other regional markets for our local investors. As a key strategic initiative by ASEA, I am confident that will have a positive effect on liquidity levels across African markets and lastly, this will serve as a value proposition to attract investment inflows into Africa. Therefore, I would like to thank the ASEA EXCo for admitting the BSE into this wonderful Project.”

      Tags: African Development Bank (AfDB)African Exchanges Linkage Project (AELP)African Securities Exchanges Association (ASEA) Executive Committee (EXCo)Botswana Stock Exchange (BSE)Bourse Régionale des Valeurs Mobilières (BRVM)Casablanca Stock Exchange (CSE)Johannesburg Stock Exchange (JSE)Nairobi Securities Exchange (NSE)Nigerian Stock Exchange (NiSE)Stock Exchange of Mauritius (SEM)Thapelo TsheoleThe Egyptian Exchange (EGX)

      Navigation

      • Home
      • News
      • Economy
      • E-Edition
      • Columns
      • Companies & Markets
      • In Business With
      • Lifestyle
        • Motoring
      • Sports
      • Subscribe

      Recent News

      • September 29th Edition
      • FUEL: The Vexing – and Recurring – Question of Security of Supply
      • Hands off Bank of Botswana, IMF Tells Govt
      • BIUST holds 8th Graduation
      • StanChart leverages on its unique position

      Site

      • About
      • Advertise
      • Privacy Policy
      • Cookie Policy
      • Contact
      • Subscribe
      • E-edition

      © 2021 The Business Weekly & Review. All Rights Reserved.

      No Result
      View All Result
      • Home
      • News
      • Economy
      • E-Edition
      • Columns
      • Companies & Markets
      • In Business With
      • Lifestyle
        • Motoring
      • Sports
      • Subscribe

      © 2021 The Business Weekly & Review. All Rights Reserved.

      Welcome Back!

      Login to your account below

      Forgotten Password? Sign Up

      Create New Account!

      Fill the forms below to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
      Are you sure want to unlock this post?
      Unlock left : 0
      Are you sure want to cancel subscription?