BSE uptrend continues
Thursday, June 01, 2023 | 1210 Views |
![On the march: Stanchart CEO, Mpho Masupe, is delivering returns to investors](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2023/06/01/75208.jpg&w=800&q=72&f=jpg&t=1)
On the march: Stanchart CEO, Mpho Masupe, is delivering returns to investors
Statistics from Stockbrokers Botswana indicate that in the first five months of the year, the charge was led by Standard Chartered whose share price rose 41.1% during the period, followed by Chobe Holdings, Absa, and Cresta.
Standard Chartered has enjoyed a rosy period on the DCI, ticking up by more than 10 thebe on two separate days in the first five months of the year. The bank posted a threefold increase in pre-tax profits for the year to December 2022, recording P253.1 million.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...