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BTCL unveils ultimate communication solution

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Botswana Telecommunication Corporation Limited (BTCL) has introduced a Mobile VSAT product that gives a new meaning to doing business from any location in the country. Speaking at the launch at Mo- kolodi Nature Reserve last week, BTCL Managing Director Paul Taylor said the Mobile VSAT is the ultimate communication solution ideal for businesses in remote, temporary and emergency areas.

The service can be used to transmit and receive data signals through a satellite. This primarily targets government departments (military, police, disaster recovery aid), SMMEs (tourism, lodges) and large corporations (mobile banking, mining). Mobile VSAT unit provides reliable business connectivity even in the most remote location. This is how it works; the user can pull up to any location and quickly establish voice, video and data connection at the touch of a button.

Taylor said that the VSATs broadband signal is dependable, avail- able anywhere and easy to configure via satellite connectivity. “It helps businesses that need to move their virtual private network from one region to another seamlessly,” he said.
At a quick button deployment, the dish will automatically deploy, lock on satellite and create high-speed network for any in range computers, smart phones or other wireless devices. In terms of aesthetics, it is built for extreme environments that can handle extreme rain and wind. “It can extend any communications network, helping to overcome geographical barriers, ter- restrial network limitations and other constraining infrastructure issue,” said the MD.

He also pointed out that the telecommunications services remain an indispensable if not a prerequisite for improving the socio-economic liveli- hoods of the people of Botswana. He also said that the need to ensure ubiquity in access to telecommunications services and products reflect his organisation’s commitment to bridge the digital divide. “In BTCL, we see ourselves as a catalyst for this change process in delivering relevant and responsive products and services to the local market. In launching the Mobile V-SAT product today, it is important to note that mainstream- ing telecommunications solutions is a critical ingredient to fostering economic growth as diversification remains a key national policy priority,” he said.

“These compliments the adoption and imple- mentation of the national ICT Policy that reflects on a continued commitment to the development of a robust telecom- munications eco-system predicated on transitioning the country from efficiency based economy to a knowledge based economy, underpinned by increased innovation, productivity and competi- tiveness,” he observed.

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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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