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BTC reaches seven-year high on BSE

Friday, December 12, 2025 | 190 Views |

Confident: Peschel sees support for the share price getting stronger

The share price of the Botswana Telecommunications Corporation (BTC) rose to a seven-year high this week, driven by robust financial results and increasing investor confidence in the strategies being implemented to boost the business.

BTC, with more than 40,000 individual investors, is the Botswana Stock Exchange’s most retail-heavy counter, a state of affairs that dates back to its historic Initial Public Offer (IPO) in 2016. However, the concentration of retail investors and their tendency for impulse trading behaviour, combined with the fact that BTC shares are restricted to citizens, has affected share price growth over the years.

BTC shares traded below the listing price of P1 from roughly December 2019 to January 2024, dipping to a record low of 60 thebe in November 2020.

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BTC reaches seven-year high on BSE

The share price of the Botswana Telecommunications Corporation (BTC) rose to a seven-year high this week, driven by robust financial results and increasing investor confidence in the strategies being implemented to boost the business.

I don't have a lawyer yet -Seretse

The Makhenes Are Coming to Mzansi Magic

New Era, No Limits: SuperSport Gears Up for the Most Transformative Formula 1 Season in History

Big Brother Mzansi S6 BAZOZWA

In Celebration of International Women’s Month, CANAL+ and MultiChoice celebrate African women

'Cruel maid' denied bail

GrandPalm celebrates 30 years with Gin experience

Woman dies after crashing into UB wall

Let's show compassion to baby Asli