Africa expansion buoys Letshego on BSE
Wednesday, March 09, 2016
Letshego HQ.PIC: KENNEDY RAMOKONE
A market analyst at Motswedi Securities, Tlotlo Ramalepa said despite a wave of profit taking that had weighed on the counter lately, Letshego has been the most liquid counter since last year.
“This could reflect investor confidence towards the stock, led by the growth outside Botswana to other southern African countries and beyond,” he said.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...