The study looked at how the stock market in Botswana affects the country's economic growth. They used data from 2006 to 2016 and a specific statistical model to analyze the relationship. The results showed that the size of the stock market and turnover had a negative impact on economic growth, while the value of shares traded had a positive impact. This means that more trading of shares can help the economy grow in Botswana. The study also found that there is no direct cause-and-effect relationship between stock market development and economic growth. The government should create policies to encourage local investors in Botswana, which could lead to more stock market activity, better liquidity, and ultimately, economic growth.