Africa expansion buoys Letshego on BSE

Letshego HQ.PIC: KENNEDY RAMOKONE
Letshego HQ.PIC: KENNEDY RAMOKONE

Financial services group, Letshego Holdings continues to reign as the most traded stock on the Botswana Stock Exchange (BSE) backed by its good profit numbers as well as it regional expansion.

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.

Editor's Comment
Tana project a welcome development

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...

Have a Story? Send Us a tip
arrow up