*Local bourse hits historic P1 trillion market value
Botswana Stock Exchange (BSE) has achieved a rare feat after its total market value passed the P1 trillion mark for the first time ever.
This historic achievement marks a huge milestone for Botswana’s financial markets as it strengthens the country’s position among Africa’s leading investment destinations.
The historic milestone was recorded on May 11, when the total value of all listed instruments on the exchange closed at approximately P1.1 trillion.
The figure includes shares worth P974.7 billion, exchange traded funds valued at P41.6 billion, and debt instruments amounting to P42.2 billion across the local market.
The increase was largely driven by gains recorded by mining giant Anglo American and the New Gold ETF.
Anglo American’s share price climbed by P56.06 to close at P737.52, while the New Gold ETF increased by P25.04 to close at P613.54 per unit.
Anglo American remains the biggest company listed on the exchange, with a market capitalisation of P868.8 billion.
This represents nearly 89.1 percent of the total equity market capitalization and more than 82 percent of the entire market value of all listed instruments currently trading on the BSE.
“Surpassing the P1 trillion market capitalisation mark is a powerful signal of what Botswana can achieve. This result comes from years of hard work across the institution and reflects the commitment of our management and staff, as well as the trust placed in us by market participants, issuers, regulators and investors,” said BSE board Chairperson Neo Mooki speaking on the achievement.
The milestone reflects the growing maturity and resilience of Botswana’s capital markets at a time when investors continue to seek stable and credible investment environments on the African continent.
The exchange said the achievement demonstrated increasing investor confidence, stronger participation from market stakeholders and the expanding influence of listed companies within the economy.
“A stronger, deeper market elevates Botswana’s position as a competitive investment destination, both within Africa and on the global stage. It enables the BSE to attract new listings, mobilise capital more efficiently, improve price discovery, and create greater opportunities for Batswana to participate in economic growth and wealth creation,” added Mooki.
The development also highlights the important role played by the local bourse in mobilizing long-term capital, supporting enterprise expansion and creating sustainable wealth for Batswana.
This achievement further position Botswana as a reliable financial hub in Southern Africa.
This latest figures has left BSE ranked as Africa’s third largest stock exchange by market capitalization, reinforcing its rising significance within continental investment platforms.
Following the P1 trillion mark, BSE total market value now exceeds approximately two and a half times Botswana’s Gross Domestic Product, illustrating the depth of the local market despite the relatively small size of the domestic economy.
The achievement comes as African markets continue competing for international capital flows, with Botswana increasingly gaining recognition for sound regulation, stability and investor protection across its financial services sector and broader economic environment.
