Letshego weighs down BSE in Q3
Friday, November 01, 2019
According to Stockbrokers Botswana’s third quarter review released on Monday, the BSE’s Domestic Companies Index (DCI) lost P2.3 billion in value largely as a result of the fall in Letshego, which dropped by 59 thebe.
The DCI’s slide, seen since the beginning of the year, however, slowed in the third quarter at 2.12 percent compared to 3.34 in the second quarter. “The DCI reached a 12-month low of 7397.77 points in August, however it recovered over September to close third quarter at 7460.95,” Stockbrokers analysts noted.
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...