You are cordially invited to the 11th BAFM which will be hosted by the Zimbabwe Stock Exchange at the Elephant Hills Resort, Victoria Falls from 12 to 14 April 2023.
The workshop will be running under the theme “Managing Risk in Turbulent Times” and will focus on the following:
Capital Account regulation and implication for economic development;
Positioning African Exchanges to adapt to international standards and regulation, Evolution of Investment Opportunities on the African continent post-COVID;
Development of Bond Markets-Key to the viability of Capital Markets;
Liquidity issues in African capital markets;
Global Economic Crisis- How African Markets Survive, Maximising and Enhancing the Capacity of Financial Markets Infrastructure to Develop African Markets;
Setting an Effective regulatory framework and The Integration/Interconnectivity of African Exchanges
To register for this event, press “event registration” on the flyer.
For more information, please contact Zimbabwe Stock Exchange (ZSE) and ASEA Secretariat via email on kmundowozi@zse.co.zw and anafula@african-exchanges.org respectively.
NOTE: Registration fee for the event is USD$350.00 for Members and USD$400.00 for Non-Members
The Committee of SADC Stock Exchanges (CoSSE) in partnership with FSD Africa cordially invites valued stakeholders to attend a three-day Sustainable/Green Bonds Regional Workshop – SADC Green Bond Programme, scheduled for 20th – 22nd February, 2023 at the Cresta Mowana Safari Resort & Spa in Kasane, Botswana.
This comprehensive three-day agenda will cover; • Overview of the Sustainable Bond Market • Sustainable Bond Issuance • Review of Green Sector Standards • Framework Development • Legal Compliance & Green Bond Listing Requirements Verifiers Sessions • Case Studies & Group Discussions • Presentations from SADC Green Bond Issuers
Facilitation will be conducted by FSD Africa Senior Specialist, Mr. Vilmar Parmar and SADC Green Bond Program Manager, Ms. Cecilia Bjerbon Murai.
To register for this Workshop, please contact the CoSSE Secretariat via e-mail on cossesecretariat@bse.co.bw.
The increased frequency and costs of climate change impacts in Africa are predicted to result in extreme losses to agriculture production, livestock, water supply, and human health. These, if not abetted, can in time lead to, or exacerbate existing, social, economic and national security issues. Meeting these challenges will require the continent to take advantage of a diverse range of ‘green’ and ‘sustainable’ capital raising tools and sources of funding to raise funds for sectors such as sustainable agriculture, green resilient infrastructure for transport, water, and waste management, with the goal of promoting sustainable, inclusive and equitable economic growth, reducing inequalities, creating greater opportunities for all and promoting sustainable management of natural resources and ecosystems. Green, Social, Gender, Sustainability, Sustainability-Linked and other sustainability-themed bonds (hereinafter collectively referred to as ‘Sustainable Bonds’) are one tool that can offer the African capital markets an opportunity to leverage private capital at scale towards building more climate-resilient and sustainable economies. This Guide is aimed at the capital market institutions, mainly the Exchanges but also other market players, with the objective to provide guidance on the steps towards establishing Sustainable Bond market regulatory frameworks in the SADC region in line with international best practices and standards. The development of this Guide was sponsored and led by Financial Sector Deepening Africa (FSD Africa) in collaboration with the Committee of SADC Stock Exchanges (CoSSE) with the participation of other key SADC institutions and stakeholders. In drafting the Guide, a high-level market scoping was done with the aim of ensuring that the Guide is harmonised with other Green, Social and Sustainability Bond Guidelines in the region, see further in Annex 1.
For Immediate Release, 29th March 2022: The Botswana Stock Exchange (BSE) is pleased to announce the re-election of BSE CEO Mr. Thapelo Tsheole as the Chairperson of the Committee of SADC Stock Exchanges (CoSSE) with immediate effect. Mr. John Kamanga, CEO of Malawi Stock Exchange, has also been re-elected as Deputy Chairperson of CoSSE. The re-election took place at the 60th virtual CoSSE meeting held today.
Mr. Tsheole’s re-election is the second one since his initial election as the Chairperson of CoSSE in 2018, where he took over from Ms. Zeona Jacobs of the Johannesburg Stock Exchanges (JSE). His term will run until March 2024.
CoSSE was formed in 1997 to improve the operational, regulatory and technical underpinnings and capabilities of SADC Exchanges to make their securities markets more attractive to regional and international investors. The Committee also aims to increase market liquidity, enhance trading in various securities and financial instruments, and encourage a harmonised securities market environment within the SADC region. Currently, the Committee comprises 14 stock exchanges from 13 countries.
Commenting on the re-election, the BSE CEO, Mr. Thapelo Tsheole, said, “I am honoured by the consistent support from my colleagues and the confidence they have bestowed upon me to continue to serve this exceptional Committee for another two years. CoSSE is making great strides in multiple strategic initiatives, which would not be possible without the concerted efforts and commitment of SADC Exchanges to foster the advancement of the regional markets to greater heights.”
Some of the notable achievements during Mr. Tsheole’s tenure include the launch of the SADC Green Bond Programme designed to accelerate the take-up of Green Bonds as a tool for SADC member countries to tap into domestic and international investors to finance green projects and assets. Additionally, CoSSE, under Mr. Tsheole’s leadership, has a significant role to play in the projects that aim to foster regional financial integration and macroeconomic convergence in SADC.
