Stockbrokers See BTC Share Price Potential Growth

Stockbrokers Botswana believes Botswana Telecommunications Corporation Limited (BTCL) share price has room to reach P1.44 and are recommending a 'buy'.

The corporation’s share, which was initially listed on Botswana Stock Exchange (BSE) at P1.15, is now currently at about P0.89.

Some experts believe that the sliding value is linked to the fact that BTCL’s shares trade amongst citizens, limiting the full unlocking of their value. Currently government holds 54.2% of BTCL, followed by individual Batswana who hold about 32%.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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