BTCL claws its way back

BTC headquarters PIC. THALEFANG CHARLES
BTC headquarters PIC. THALEFANG CHARLES

The Botswana Telecommunications Corporation Limited (BTCL) has risen from the rock bottom level it has occupied in the last few months, closing trade today at 94 thebe, its highest position since January.

For three months this year, BTCL was stuck below 88 thebe, three thebe above its all-time record low of 85 thebe seen in 2016, as its retail heavy register cashed out. 

At some point this year, BTCL was among the Botswana Stock Exchange’s top five heaviest losers, a list currently anchored by Standard Chartered Bank Botswana, which has shed 56% of its value thus far. 

Editor's Comment
Inspect the voters' roll!

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...

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