Tuesday 25 September 2007

Capital Securities

This is one of the three stock brokers in Botswana.

The three were recently mentioned as referenced in Botswana's Daily News under the title:
Invest wisely on wide range of savings dated "20 September 2007"

This was news from Serowe and read as thus:

Batswana have been advised to invest intelligently in the share or equity market by spreading their risks across a wide range of savings.

Marketing and Development Manager at the Botswana Stock Exchange (BSE), Ms Lame Masire, said in Serowe on Tuesday that to avert some of the risks involved in the share market, one needed to buy shares from various industries listed under the BSE.

Addressing the full meeting of the Central Distict Council, Ms Masire said the equity or share market was a section of the BSE where companies could raise money by selling securities that awarded part-ownership of their companies to members of the public.

"The shareholders need to take control of their investments, as they will be investing their money in those particular companies," she said.

Ms Masire spoke of more than 20 listed companies, which varied from the financial, mining, tourism, furniture and asset management where Batswana could buy shares from.

"It is always advisable to invest in various industries so that at any particular point when one goes down one will be able to benefit from the other." Ms Masire told the councillors about the benefits of investing in the share market, which she said was a profitable, hassle-free and stimulating way of making money.

"One receives a part of company profits in the form of dividends and one benefits from capital growth when shares and prices increase," she said. "Also one has a voice and votes in the running of a company." Although there were benefits attached to investing in the share market, she explained that there were also risks involved.

"Companies can fail, markets can collapse and prices can plummet." Botswana has only three broking firms.

"Stockbrokers Botswana, Capital Securities and Motswedi Securities are the only three broking companies that the public can approach if they want to buy shares from BSE and these companies are equipped to offer professional advice to the public at large," she said.

She explained Batswana should invest with BSE, as the listed companies constitute the cream of Botswana's private sector, which could go a long way in maintaining the current robust profitability record.

"BSE has a very good record of being reliable, efficient, competitive and has integrity in trading and settlement of transactions, as well as qualified and experienced brokers, who offer profession advice on which shares to buy or sell." The presentation followed a previous motion by Cllr Modisakgotla Makwati of Sunnyside that called on BSE to endeavour to keep the Central District Council abreast of its operations so that councillors would be able to inform their electorate about investment in the stock market. BOPA

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