Regulatory Framework

The main law which governs all the activities between the Exchange and its members, the proceedings of the main Committee and its composition; the relationship between the Minister and the Exchange together with the relations between the Registrar, the exchange and members of the exchange is the Botswana Stock Exchange Act No 11 of 1994.

The members have promulgated Rules (Members Rules) which provide for the requirements to be fulfilled for the securities listed and trading on the Exchange. Members Rules provide as the main objective thereof, “to operate a Stock Exchange in Botswana with due regard to the public interest, and to maintain fair and efficient dealing in securities for the protection of investors and to regulate the affairs of members”.

In addition, the Exchange has a set of Listing Requirements which provide the pre-listing requirements and post listing requirements to be observed by the issuers of listed Securities. The emphasis is to make sure issuers disclose as much information to the public and investors so that the latter can make informed investment decisions.

The BSE Code of Best Practice on Corporate Governance	PDF 270Kb
Guidance notes on submission of information to the BSE	PDF 75Kb
Minimum information that should be included in the financial statements	PDF 88Kb
Guide to Listing	PDF 128Kb
BSE Act of 1994	PDF 125Kb
Government Bond Regulations	Passed in December 2003
Member Rules	PDF 448Kb
BSE Listing Requirements amended 06 03 2009	PDF 1.0Mb
CSD Securities Depository Company of Botswana Limited - Rules	PDF 278Kb
BSE Trading - Rules (Under Review)	PDF 103Kb
ETF Listing Requirements Section 18 Amended June 09	PDF 53.5Kb
Listing Fees 2011	PDF 62.8Kb
Fees Circular Final	PDF 11.9.3Kb

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