CAPITAL MARKETS | NBFIRA

The Exchange Departments

The Department is responsible for the regulation and supervision of the following Non-Bank Financial Institutions:

1. Securities Infrastructure Businesses (“SIBs”) which encompass; a) an Exchange b) a Central...

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Security Depository c) a Clearance & Settlement System other than a Central Securities Depository or ; d) a Clearance & Settlement encompassing a Central Counter party.

Currently there are two (2) Securities Infrastructure Businesses supervised by the department; a)

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The Botswana Stock Exchange (BSE) which operates as a securities exchange b) The Central Securities Depository Company of Botswana (CSDB) which is a 100% subsidiary of the Botswana Stock Exchange.

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2. Securities Brokers or Dealers which means a member of a securities exchange who; a) carries on the business of purchasing and selling or purchasing listed securities on behalf of other persons b) regularly purchases and sells or purchases or sells listed securities...

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on his own behalf; and c) trades in commodities The department supervises four (4) Stockbrokers in conjunction with the BSE; i) African Alliance Botswana Securities (Pty) Ltd ii) Imara Capital Securities (Pty) Ltd iii) Motswedi Securities (Pty) Ltd iv)...

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...Stockbrokers Botswana Ltd.

For more information visit: https://www.nbfira.org.bw/capital-markets 

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