Coal and energy company Minergy said on Monday that it will list a coal company on the Botswana Stock Exchange in the first half of this year and is also planning a Johannesburg Stock Exchange listing in 2017’s latter half.

The Botswana Stock Exchange’s benchmark index is at its lowest levels last seen two years ago as investors favourites crumble while small cap stocks punch above their weight. The BSE’s domestic company index is down by 11.63%, a stark contrast to 2015 when then stock tracking index appreciated by 11.65%. We take a look at the top gainers and losers.

Shares in the Botswana Telecommunications Corporation Limited (BTCL) ended yesterday’s trading at 96 thebe per share, dragging the stock southwards of the Initial Public Offer (IPO) price of P1 at the listing on Botswana Stock Exchange (BSE) four months ago.

The Botswana Stock Exchange (BSE) has recently become an affiliate of the World Federation of Exchanges (WFE) following approval by the WFE board of directors.