List in Botswana Stock Exchange – Mohohlo advises banks

source: BOPA
26 March, 2008

GABORONE – The Governor of Bank of Botswana, Mrs Linah Mohohlo, has criticised some local banks for not listing in the local stock exchange.

She said only four banks, First National Bank (FNB), Barclays Bank, National Development Bank and Standard Chartered, have listed on the domestic primary market.

If you do not participate in the primary market who should? Why this reluctance to contribute to the development of our capital market? she fumed at a ceremony marking the launch of government bonds.

Mrs Mohohlo threatened that in future she will not warn anybody because people should be responsible enough.

Some of you do not play your part as primary dealers. You should understand that being a [continue reading]

%d bloggers like this: