Africa-Press – Botswana. The Vice President and Minister of Finance, Hon. Ndaba Nkosinathi Gaolathe, participated in an open dialogue hosted by the Botswana Stock Exchange (BSE). The event aimed to promote transparent discussions on market listings and address key barriers to market entry. It was part of a broader effort to encourage private sector participation in the growth of Botswana’s capital markets.
In his keynote address, Hon. Gaolathe reaffirmed the government’s strong commitment to driving economic transformation through the Botswana Economic Transformation Programme (BETP). He noted that the programme’s vision is to unlock new engines of growth and create a business foundation that positions Botswana as a digitally enabled, export-led, and diversified high-income economy. This, he said, would ensure that every Motswana has access to employment opportunities, empowerment, and long-term sustainability.
Hon. Gaolathe highlighted the crucial role of the BSE in supporting the nation’s development agenda. He expressed the government’s continued support for initiatives aimed at engaging prospective issuers and fostering an environment that welcomes listings from multinationals, state-owned enterprises, and small to medium-sized enterprises. He emphasized that a robust and inclusive capital market is essential to driving private sector development and enhancing investor confidence.
He further challenged government agencies, the private sector, and entrepreneurs to deepen their understanding of the capital markets. He called for increased participation to improve financial literacy and promote investment culture among citizens. According to Hon. Gaolathe, listing on the stock exchange provides an opportunity for ordinary Batswana to become part of the nation’s economic growth story through direct shareholding or collective investment schemes.
He explained that listing enhances financial inclusion, encourages saving and investment, and contributes to the democratization of wealth creation. By enabling citizens to own shares in companies, Botswana can build a more equitable and sustainable economy driven by both public and private contributions.
The dialogue at the Botswana Stock Exchange was an important step toward aligning national policy with private sector growth. It reflected a clear message from government leadership that sustainable development depends on collaboration, transparency, and innovation in the financial markets.
Hon. Gaolathe’s remarks reinforced Botswana’s ongoing commitment to creating a resilient, inclusive, and competitive economy where both local and international investors can thrive.
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