The Chartered Institute for Securities & Investment (CISI) has announced a new partnership with the Botswana Stock Exchange (BSE). The partnership provides scope for the CISI and BSE to work together to enhance and promote professional standards in Botswana’s financial services sector by offering the CISI’s International Introduction to Securities & Investment qualification.
BSE will adopt the CISI’s International Introduction to Securities & Investment qualification as one of the core certifications for the Botswana capital market. This allows practitioners to obtain a globally portable professional benchmark.
The CISI has been as Associate member of African Securities Exchanges Association (ASEA) since 2016, promoting professionalism and developing channels for capacity building in the capital markets profession in Africa. ASEA members can access CISI’s Continuing Professional Development (CPD) resources and CISI membership.
Mr. Thapelo Tsheole, BSE CEO became President of ASEA in December 2022. The collaboration between CISI and BSE is of key strategic importance for the development of the financial services sector in Botswana and the broader African capital markets. This alliance represents a significant step towards strengthening professional standards, fostering knowledge and expanding opportunities for practitioners in the region.
Kevin Moore, Chartered FCSI, CISI Global Business Development Director said: “We are delighted to be partnering with the Botswana Stock Exchange and supporting their journey towards raising professionalism for financial services practitioners.
“The success of a thriving market hinges on qualified and skilled professionals. We look forward to working with BSE to cultivate a culture of excellence and ensure the growth and sustainability of the Botswana capital market”.
Thapelo Tsheole, BSE CEO said: “This is an important partnership for our market as we strive to raise the levels of financial literacy by providing professional, globally recognised financial markets programmes.
“It is also a crucial contribution to the country’s strategy on fostering a Knowledge-Based Economy. I hope to see not just the practitioners, but the students and the general public taking up this programme to elevate their knowledge, skills and professionalism that could make the financial markets more vibrant and be impactful to the long-term development of the capital market.”
The CISI is an educational charity and global professional membership body for those working in capital markets, wealth management and financial planning. The Botswana Stock Exchange, formed in 1989, is Botswana’s sole stock exchange with responsibility to operate and regulate the securities market.