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Non-Bank Financial Institutions Regulatory Authority - Botswana

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Tel: +267 310 2595
Fax: +267 310 2376
Address:
First Floor
Plot 50367
MVA House
Showgrounds
Gaborone
BOTSWANA
Postbox:
Private Bag 00314
Gaborone
BOTSWANA

The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) of Botswana, is the regulatory authority responsible for the regulation and orderly market conduct of all non-bank financial institutions, registered within the Republic of Botswana.

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From The Glossary »

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Buy Price:

The price at which the investor can buy units inclusive of the initial charge and compulsory charges (marketable securities tax and brokerage) from the management company. Also referred to as the selling or purchase price. The different terminology used in the market is very confusing and should ideally be used in its "broader context" (i. , buyers' versus sellers' price) selling versus repurchase price or purchase versus repurchase price to facilitate ...
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