A long-term plan to modernise the Exchange, broaden its products and reach,
strengthen its people and technology, and increase its contribution to Botswana's capital
markets.
BSE self-assessment · no weighted score calculated
10 Achieved
3 In progress
2 Deferred
Achieved: 66.7%In progress: 20%Deferred: 13.3%
No single weighted "strategy
score" exists; the report provides no basis for weighting commitments. Most completed items
established foundations. Market availability above 99% and a planned sustainable-bond listing
were deferred. Completing an activity is not the same as achieving a long-term outcome.
Units and scales are
incompatible across KPIs, so this is shown as one table, not a dashboard of gauges.
KPI
2024
2025
2027
2030
Treatment
New equity listings per year
0
1
4
8
Display
Turnover ratioReconciliation: R003;R004;R011
3.3
8.5
6
10
Reconcile
Share of total trading activityReconciliation: R005;R006
11.6
15.1
15
20
Reconcile
Asset classes
4
4
6
8+
Define/display
Global partnerships formalised
1
1
5
10+
Display
Days to investor onboarding
>10 days
>10 days
1 day
Real-time
Threshold
SME and GSSS finance volumes
Low
Low
Medium
High
Qualitative
Indexed (2024 = 100)Reconciliation: R010
100
85
400
1000
Reconcile
Scorecard caveats
Revenue index: 2025 shown as 85, while audited revenue grew 17.1%; a direct 2024=100
index would read ~117. Never combined with audited Group revenue (R010).
Retail share: 15.1% conflicts with 4.5% in supplementary statistics (R005), so it is
withheld from ordinary KPI/trend views and retained only in this scorecard context.
Turnover ratio: 8.5% conflicts with 9.9% (R003), same treatment as retail share.
2030 liquidity target: formal scorecard says 10%, horizon graphic says 25% (R011);
both labels are preserved, not merged.
Verified operational GHG emissions baseline: Not yet reported(Data gap)
Intended future outcomes
Increased SME and GSSS finance: Medium by 2027; High by 2030
Greater retail participation: 20% by 2030
Broader product set: 8+ asset classes by 2030
Lower-bound values (10+, 169+) keep both the numeric floor and the reported text. Future
outcomes are not counted as FY2025 achievements. The two "Gap" items above are real,
governed data points the source report does not yet resolve; they are shown here rather than dropped.
Not strictly sequential phases:
positions below are illustrative sequencing only, not calendar-accurate. The source data has no
start/end date for any horizon, only a name, an ordered set of actions, and success indicators.
2025
2030
Horizon 1 · Build the foundation
Horizon 2 · Secure funding & partnerships
Horizon 3 · Launch products & scale
Horizon 1 · Build the foundation
ActionRedesign organisational structure to match strategy
ActionImplement talent strategy with EVP, succession and fintech skilling
ActionRewire core systems: onboarding automation, KYC and T+2 settlement
ActionBuild an execution dashboard with real-time KPIs
Success indicatorNew organisational chart approved by Board: end-H1
