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BIH aims to deliver impact solutions

Irene Shone

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Mobile water treatment plant in Zoroga. Source:The Midweek Sun

Botswana Innovation Hub (BIH) is in discussions with Water Utilities Corporation (WUC) to explore the most effective business model for possible commissioning of more mobile saline water treatment technology units.

This follows the successful commissioning of a mobile saline water treatment technology unit to the residents of Zoroga village in July 2017.
CEO, Alan Boshwean says the technology is designed to treat any type of water into drinking water. It eliminates all solids, impurities, chemicals, bacteria and viruses from raw water.

So far, Botswana has not been able to sustain technologies that are able to desalinate underground water that the country mostly depends on. BIH also worked with the Embassy of Israel to Botswana to identify key strengths in clean technologies from Israel, which can lead to initiatives to forge partnerships in water and energy related technologies that best suit the local environment.

The partnership also seeks to work with local research and water quality organisations to better their products locally. The introduction, testing and further development of the technology can be used as a basis for design and implementation of local water treatment and purification centers in rural areas.“The dual water treatment system is one of the innovations that have the potential of positive national impact given that the country experiences high water stress and incidents of salinity of underground water reserves,” Boshwean says.

Double Stage Water Treatment System integrates elements of: coagulation, cyclonic separation, double stage filtration and disinfection; as well as a Reverse Osmosis System for removal of salts in Zoroga village in the Nata- Gweta area. Further efforts are underway with Hydrocon-Green, a citizen company to commission a further enhanced water treatment plant based on the use of solar power in Sojwe.

BIH is pursuing an initiative to develop solar testing and demonstration facility. The technical feasibility study of the project has made recommendations on the options for implementing the project and has also identified critical stakeholders that need to be involved for the successful implementation of the project.

Discussions with Botswana Power Corporation (BPC) are ongoing with regards to grid access, and Botswana Energy Regulatory Authority (BERA) from a renewable energy regulatory framework development perspective. Furthermore, BIH will work with BERA to develop programmes for capacity building, as well as to explore research and development on storage in renewables.

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BSE upgrades online investor access

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A recent BSE opening bell function.

Botswana Stock Exchange Limited (BSEL) will this year introduce a new clearing and settlement system, as part of efforts to improve operations of the bourse.

Speaking at the seventh opening bell ceremony, Chief Executive Officer, Thapelo Tsheole said the development will help improve liquidity and risk management. In addition, the new settlement system replaces the 2008 system while fast tracking introduction of security borrowing and lending, management settlement guarantee fund, as well as identifiers for companies and instrument.

BSEL has already awarded a contract to a Swedish company to implement the system which is also expected to digitalize Initial Public Offering (IPO), allow electronic voting for listed companies during annual general meetings (AGM) for absent shareholders.

The project, which is expected to take eight months once the two parties sign the deal, is part of efforts to have more online investors access for BSEL. Tsheole also revealed that BSEL website will undergo a revamp this year, allowing it to be more analytic, live feed shares, as they trade.“The tender is already out for the website and mobile application. It is a project that we had hoped to implement last year but because of logistic problems, we could not do it,” said Tsheole.

BSEL further plans to introduce two data display screens at CBD and at the stock exchange.“These will assist with information sharing and keep the market updated,” said Tsheole. Meanwhile, BSEL will not change its Automated Trading System (ATS) until 2022, according to Tsheole.“The system supports our strategy to grow the market and increase the average daily turnover levels to 18.0million per day by 2021,” said Tsheole.

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BSE complies with reporting guidelines

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Botswana Stock Exchange Limited (BSEL) has become the 5th bourse in Africa to comply and publish Environment, Social and Governance (ESG) reporting guidelines.

The development comes a year after BSEL became a partner exchange of the United Nations Sustainable Stock Exchange (SSE) Initiative.“The BSE made a commitment to publish guidance on ESG Reporting. This commitment has been fulfilled.“

We are the 42nd among the 81 SSE Partner Exchanges globally and the 5th in Africa to do this,” said Kgotla Segwe, Market Development Specialist at Botswana Stock Exchange Limited.
Other stock exchanges that have complied with the SSE initiative on the continent are from South Africa, Nigeria, Morocco and Egypt.

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