BSE-licensed.
Stones holds a Corporate Financial Advisor licence with the Botswana Stock Exchange — the same desk that sponsors listings, structures public-debt issuances, and steers the regulator's conversation on behalf of the issuer.
02Practice
A flagship · four disciplines · one signature
Practice
A flagship,
A flagship,
and four disciplines.
Corporate Finance is our flagship — and around it sit four disciplines, each so the partner who signed the page can defend every figure on it.
00Flagship · Corporate Finance
BSE-licensed · corporate financial advisors
— Our flagship
Corporate
Corporate
Finance.
Deals of all
sizes.
Licensed with the Botswana Stock Exchange as corporate financial advisors — and the desk where every deal that leaves this firm is structured.
We structure private debt, sponsor public-debt issuances, raise equity, advise on M&A and disposals, and write the memo that goes to the board. Our mandates span family-owned enterprises raising their first private placement to regional groups taking a public debt issuance to market.
The work is led by two seniors who have lived inside the deal: a dual-qualified Founder/Managing Partner with twelve years of senior finance leadership and live BSE-bound transactions, and a Technical Advisor with senior credit-committee experience across major corporate transactions.
Deals of all sizes.
Structured across the spectrum — from private placements for family-owned enterprises to capital programmes combining debt and equity for regional operators. No deal is too small. None is too large.
Two seniors.
A dual-qualified Founder & Managing Partner (ACMA · CGMA · ACPA) with live BSE-bound transactions, supported by a Technical Advisor — a 25-year credit and corporate-finance veteran and former Head of Credit Operations at FNB Botswana.
What we do
- 01Private debt placement & structuring
- 02Public-debt issuance · BSE sponsorship
- 03Equity raises & private placements
- 04Mergers, acquisitions & disposals
- 05Group restructuring · capital reorganisation
- 06Valuations & fairness opinions
- 07Buy-side & sell-side due diligence
- 08ESG-linked finance & green facilities
A closing promise
Every deal that leaves this desk is read by a senior whose career was built signing the page at scale.
That review is not an extra step we offer. It is the standard the file is held to before it is sent.
-
01
Audit Support Services
Audit support,
end to end.We prepare the file your external auditor opens. Schedules, reconciliations, IFRS workings, supporting evidence — dated, defended, and keyed back to the trial balance.
Where your auditor raises a query, we answer it. Where a working paper is needed, we draft it. The audit closes on time because the file was ready before it began.
- ForMid-market · group · NGO & trust
- StandardsISA-aligned · IFRS · IFRS for SMEs
- LeadSenior manager · partner-reviewed
- CadenceInterim · year-end · ad hoc
- OutputAudit-ready file · query log · partner sign-off
-
02
Accounting & Book Keeping Services
Accounts and books,
monthly.Day-to-day bookkeeping, monthly management accounts, year-end financial statements. Clean ledgers, reconciled bank, and a trial balance you can sign without redrafting.
We take the books from where you keep them and return them ready for the auditor, the board, and BURS. Payroll, VAT and statutory filings are run on the same cadence.
- ScopeMonthly · quarterly · year-end
- StandardsIFRS · IFRS for SMEs · BURS
- ToolsXero · Sage · Pastel · QuickBooks
- LeadSenior accountant · partner-reviewed
- OutputManagement accounts · AFS · payroll · VAT
-
03
Advisory
Transactions and counsel.
Valuations, transaction support, restructurings, board-room sounding. Plain memos. Defensible numbers behind them.
Advisory at Stones is small by design. The work that requires a fifty-person team is not the work we do. The work that requires a partner sitting at the table is.
- ValuationsEquity · enterprise · share-based
- TransactionsM&A · disposals · raises
- RestructureGroup · capital · operational
- BoardAudit committee · ad hoc
- OutputMemo · model · attendance
-
04
Tax
Corporate, private, BURS.
Corporate tax computations, VAT, transfer pricing, expatriate tax, BURS objections. Plain words. Defensible positions.
We do not sell aggressive structures. We do read the law carefully. When BURS writes back, we know who wrote it and we know what they are reading.
- CorporateCompanies · trusts · NGOs
- VATFilings · reconciliations · refunds
- Transfer pricingDocumentation · benchmarking
- BURSObjections · settlements · audits
- OutputComputation · opinion · representation
05How we work
Four steps · one signature
Introductory call.
You tell us what you're solving for. We tell you honestly whether we can help — and if not, who we'd point you to. On Google Meet or in person.
Scoping memo.
A short written scope: what we'll do, who will do it, how long it takes and what it costs. Fixed-fee where possible; retainer where it fits.
Engagement letter.
Scope, fee and timeline locked in writing. No hourly surprises. A named partner sits opposite you from day one.
Delivery.
The output — audit file, memo, tax opinion, deal document — is read in full by the partner whose name is on the cover before it reaches you. Working papers are dated. Reasoning is open.
A practice,
not a firm.
If you are choosing a partner to keep your books, prepare your audit file, or write a tax opinion — start by naming the person who will sign the page. Then call us.
Speak to a partner →