Satrix Selects Botswana Stock Exchange For Secondary ETF Listings
Satrix, the leading provider of index-tracking investment products in South Africa, has announced the further expansion of its offering into another African country outside of South Africa. The company selected the Botswana Stock Exchange (BSE) as the platform for the secondary listing of three of its JSE-listed exchange traded funds (ETFs), with the listings having gone live on 9 July.
A strong track record of firsts, rapid growth and innovation has seen Satrix establish itself as a leader in the indexation market. It currently offers 38 JSE-listed ETFs, encompassing South African and global equities across various asset classes, with a total value exceeding R90 billion.*
Duma Mxenge, Head of Business and Market Development at Satrix, says, “By introducing these ETFs to the BSE, we aim to contribute to the development of capital markets in Botswana. This move will not only offer local investors a wider range of investment options but also enhance the exchange’s exposure to the international market. The dual listing of these ETFs will further facilitate the globalisation of the BSE and strengthen its position within global financial markets.”
Satrix will introduce three global ETFs to the BSE:
Kopano Bolokwe, Head of Product Development at the BSE remarks: ‘‘Botswana has consistently proven to be an attractive and a competitive investment destination, and I am proud that Satrix chose Botswana and the BSE for their Africa expansion. The listing of these three global ETFs is an crucial accomplishment under our 10x by 2030 Strategy and marks the beginning of a mutually beneficial outcomes-driven development journey. The timing is right given the positive development in the pensions and asset management landscape where ETFs are now receiving increased recognition and inflows as a bespoke asset class, supported by the fee incentives on the BSE and the innovation around bespoke ETF benchmarks. These ETFs give local investors exposure to international markets, including the USA, using an instrument that trades like shares on the BSE, and with ease of entry and exit. Thus, we encourage all types of investor groupings, such as Individuals, Investment Consortiums, Wealth Managers, Corporates, Metshelo, SACCOs’s and Pension Funds to explore these investment opportunities for portfolio diversification and long-term wealth creation.’’
“The Botswana Insurance Holdings Limited (BIHL) Group shares our collective congratulations to the Board, management and staff of Satrix on this momentous occasion. The need for such a reputable and robust partner for index-tracking products, from exchange traded funds to unit trusts and beyond – goes without saying. We are looking forward to seeing the value this will add to the local market, beyond the positive aspect of another bourse listing on Botswana’s Exchange. This is yet another testament to the growth of Botswana’s markets that we all celebrate,” said the BIHL Group Chief Executive Officer, Catherine Lesetedi.
Helena Conradie, Executive Director of Satrix says, “Our additional expansion into the African market represents another important milestone for us. As a company, democratising investments and giving as many people as possible the opportunity to ‘own the market’ is our driving force. We want to ensure economic participation for everyone. We are pleased to bring this offering to Botswana and know our innovative investment solutions and accessible fees will create new avenues for local investors to diversify their portfolios.”
*Satrix, 9 July 2026
Disclaimer
Satrix Managers (RF) (Pty) Ltd (Satrix) is an authorised Financial Service Provider (FSP no 15658) and a registered and approved Manager in Collective Investment Schemes in Securities. Collective investment schemes are generally medium- to long-term investments. With Unit Trusts and ETFs, the investor essentially owns a “proportionate share” (in proportion to the participatory interest held in the fund) of the underlying investments held by the fund. With Unit Trusts, the investor holds participatory units issued by the fund while in the case of an ETF, the participatory interest, while issued by the fund, comprises a listed security traded on the stock exchange. ETFs are index tracking funds, registered as a Collective Investment and can be traded by any stockbroker on the stock exchange or via Investment Plans and online trading platforms. ETFs may incur additional costs due to being listed on the JSE. Past performance is not necessarily a guide to future performance and the value of investments / units may go up or down. A schedule of fees and charges, and maximum commissions are available on the Minimum Disclosure Document or upon request from the Manager. Collective investments are traded at ruling prices and can engage in borrowing and scrip lending. A feeder fund is a portfolio that invests in a single portfolio of a collective investment scheme, which levies its own charges and which could result in a higher fee structure for the feeder fund. International investments or investments in foreign securities could be accompanied by additional risks such as potential constraints on liquidity and repatriation of funds, macroeconomic risk, political risk, foreign exchange risk, tax risk, settlement risk as well as potential limitations on the availability of market information. The manager has the right to close the portfolio to new investors in order to manager it more efficiently in accordance with its mandate.
Visit www.satrix.co.za for more information.
