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  • Botswana Stock Exchange Company News

    Date 19/03/2001

    ABCH announced its results for the year ended 31 December 2000. Net interest income rose a strong 41% to P96.9m. Total income went up 85% to P203.7m, while operating expenses rose 63% to P87.1m. Profit before tax and exceptional items grew a strong 78% to P100.4m. However, additional bad debts provisions of P46.8m resulted in profit before tax declining by 13% to P46.9m. The net result was a decline of 50% in earnings to P21.2m. The company says that the one-off bad debt charges were due to hist

  • IPE Electricity Futures Go Live

    Date 16/03/2001

    The IPE will launch its Electricity futures contract on Monday 19 March 2001, following the confirmation yesterday by Peter Hain, Energy Minister, that NETA will go-ahead as planned, on 27 March.

  • FTSE Wins Consolidated CalPERS Benchmark Assignment

    Date 16/03/2001

    FTSE, the global index company, announced that the California Public Employees Retirement System (CalPERS), the US’s largest public pension fund with $170 billion in assets, will use a customized version of the FTSE All-World Index as their primary international equity portfolio performance benchmark.

  • FTSE SmallCap Consultation Exercise Launched Today

    Date 16/03/2001

    FTSE launches today a consultation exercise to gather views from UK-based market users on proposed changes to the design and review of the FTSE SmallCap index. Suggested changes include fixing the constituent number at 400 stocks and reviewing the index quarterly rather than annually. Subject to market feedback and necessary approvals, the changes could be implemented from year-end.

  • Four Companies Join Roster Of NYSE-Listed Stocks

    Date 16/03/2001

    In the week ended March 16, four companies joined the roster of NYSE-listed stocks.