African Alliance exits Botswana - Nobody is saying why African Alliance Securities Limited has opted for suspension from the BSE. Even so, the fallout for betting on the wrong horse at a crucial EGM of controversy-riddled Choppies and punitive cancellation of massive pension fund management contracts could explain this debacle. (The Business Weekly & Review)Absa Bank Botswana Limited Board announces appointment of new Board Members - Absa Bank Botswana Limited announced the appointment of three Non-executive Directors, Benjamin Monaheng Kodisang, Cosmas Moapare and Sari Helena Nikka as members of the Board of Directors, following regulatory clearance by Bank of Botswana on 23 March 2020. (The Business Weekly & Review)BSE reports listings drought in 10 years - The Botswana Stock Exchange (BSE) says 2019 was not as pleasing as period as they had initially hoped for. In the annual results for 2019, Chief Executive Thapelo Tsheole says the period was a unique one for them as they got to experience a drought in new listings for the first time since 2009. (The Business Weekly & Review)Troubling times ahead for Investec - Investec, an international specialist banking and asset management group which provides a range of financial products and services to a client base in three principal market in the UK and Europe, Southern Africa and Asia-Pacific, has through its unconsolidated results reported that it fears a challenging year ahead as the economic recovery from the devastating effects of Covid-19 is likely to be protracted. (The Business Weekly & Review)DCI lost 2.08 percent this year - the Domestic Companies Index (DCI) lost 0.79 percent during the week ending May 15, 2020. As indicated by Stockbrokers Botswana weekly report, the index closed at 7 338.73 points from 7 397.01 points of the previous week. (WeekendPost)
African Alliance exits Botswana - Nobody is saying why African Alliance Securities Limited has opted for suspension from the BSE. Even so, the fallout for betting on the wrong horse at a crucial EGM of controversy-riddled Choppies and punitive cancellation of massive pension fund management contracts could explain this debacle. (The Business Weekly & Review)Absa Bank Botswana Limited Board announces appointment of new Board Members - Absa Bank Botswana Limited announced the appointment of three Non-executive Directors, Benjamin Monaheng Kodisang, Cosmas Moapare and Sari Helena Nikka as members of the Board of Directors, following regulatory clearance by Bank of Botswana on 23 March 2020. (The Business Weekly & Review)BSE reports listings drought in 10 years - The Botswana Stock Exchange (BSE) says 2019 was not as pleasing as period as they had initially hoped for. In the annual results for 2019, Chief Executive Thapelo Tsheole says the period was a unique one for them as they got to experience a drought in new listings for the first time since 2009. (The Business Weekly & Review)Troubling times ahead for Investec - Investec, an international specialist banking and asset management group which provides a range of financial products and services to a client base in three principal market in the UK and Europe, Southern Africa and Asia-Pacific, has through its unconsolidated results reported that it fears a challenging year ahead as the economic recovery from the devastating effects of Covid-19 is likely to be protracted. (The Business Weekly & Review)DCI lost 2.08 percent this year - the Domestic Companies Index (DCI) lost 0.79 percent during the week ending May 15, 2020. As indicated by Stockbrokers Botswana weekly report, the index closed at 7 338.73 points from 7 397.01 points of the previous week. (WeekendPost)