A stock exchange is a marketplace that brings together issuers and investors. Companies or Government issue securities and investors trade in those securities for returns.

The BSE trades Equity, Corporate & Government Bonds and Exchange Traded Funds (ETFs).

Listed securities bought and sold on the BSE can be bought through a stockbroker. A stockbroker acts as your agent in buying or selling shares. They also provide professional financial advice and charge fees for their services. However, kindly note that Government Bonds are purchased through primary dealers who are the big five (5) commercial banks.

To find a stockbroker please refer to the stockbroker referral section on the site. They are four (4) registered in Botswana. The BSE does not recommend one broker over the other.

Broker:	Tel:	E-mail:
Motswedi Securities	(+267) 3188627	motswedi@motswedi.co.bw
African Alliance Securities Botswana	(+267) 3188958	info@africanalliance.com
Stockbrokers Botswana	(+267) 3957900	info@sbb.bw
Imara Capital Securities	(+267) 3188886	enquiriesbots@imara.com

Listing provides access to a large equity capital market that would otherwise not be available to an unlisted entity. Access to this market enables a listed entity to extend its funding base upon which it can expand and grow the business.

Listing of a company raises its public profile and in the markets for its products and services. The publicity received may benefit a business and the raised profile may increase the standing and reputation of the business within its particular industry.

A public share listing can provide a corporation with an opportunity to be sensitive to the welfare of employees by sharing in growth, and providing an incentive and reward for their performance. Such schemes are provided through issue of shares or options to employees at a discount.

Being a publicly listed entity allows Citizens to participate in the overall growth and development of their country. Through share ownership, everyone benefits by becoming a key stakeholder in Botswana’s economy.

The BSE has three (3) listing board, the Main Board, Venture Capital Market Board and the Tshipidi SME Board. The BSE also has an OTC Board called Serala OTC Board.

The BSE has daily market reports that are posted on the website after trading. You can also ask your broker to furnish you with daily market activities or you can ask the Listings & Trading Department to add to their mailing list access the daily market reports.

The BSE website has a bulletin board section for all the announcements pertinent towards listed companies. Further, one (1) can subscribe to X-News to access real-time market information as and when it is disseminated.

See company information section of the site.

BSE trading hours: 0950hrs – 1400hrs

VAT is imposed on the transactions with brokers. For more information, contact your broker.

Yes, you do. You will need to liaise with your Broker to assist you in opening up a CSD account. As with other financial institutions, KYC compliance is a necessity, the Broker will require the appropriate documentation to open your CSD account.