The Botswana Stock Exchange Limited (BSEL) has won the Best Educational Initiative Africa Award for its Annual Senior Secondary Schools Finance & Investment Competition at the Structured Retail Products (SRP) Africa Awards held in Cape Town, South Africa on the 7th March, 2019. The BSEL was nominated against African Stock Exchanges and other financial market players. The BSEL was also nominated for the Best Exchange Award against the Nairobi Securities Exchange, Johannesburg Stock Exchange and ZarX.
SRP was founded in 2001 as a division of Euromoney Institutional Investor PLC in response to an increasing need from the derivatives and structured products market for the highest quality market intelligence. The SRP Africa Conference is annual flagship conference that brings together over 100 senior-level senior representatives from local and international stock exchanges, investment banks, insurance companies, retail & private banks, asset managers, hedge funds, IFAs, law firms, regulators, index providers, exchanges and the wider derivatives ecosystem from the African region to connect, network and discuss the most recent opportunities and challenges that are defining the future of the African alternative investments industry.
Commenting on this achievement, Thapelo Tsheole, Chief Executive Officer of the BSEL, said “This achievement signifies our resilient efforts in promoting financial literacy and inclusion in Botswana. Our strategic focus on the youth through such initiatives ensures that we instill a culture of saving & investing by imparting knowledge on how the stock market can be utilized as an investment avenue at a grass root level. As such, we thank SRP for this recognition as it serves as an encouragement in our endeavor to develop the local capital market”.