Mmegi

BTCL expects higher profits

Wednesday, June 19, 2024 | 460 Views |

Better times: BTCL expects improved profits for the year ended March 2024 PIC MORERI SEJAKGOMO

The Botswana Telecommunications Corporation Limited (BTCL) expects its pretax profits for the year ended March 2024 to be as much as P55 million higher than the previous reporting period.

In an announcement to investors via the Botswana Stock Exchange (BSE), BTCL directors said pretax profits for the year were expected to be between 32% and 37% higher than the P148.5 million recorded in the year ended March 2023. The results are due to be announced on or before June 30.

The latest announcement gives hope to shareholders that they will receive an improved final dividend from the telecomms firm, above the 2.05 thebe they were awarded in the half year.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

BTCL

ZCC St.Engenas headquarters in Moria.PIC.PRESIDENCY OF SOUTH AFRICA

High Court orders ZCC Botswana to reunite

Laone Choeunyane | 11 m ago

Day 3: Search for Maun missing boy continues

Staff Writer | 24 m ago

Long 1,900km drive awaits netball teams

Calistus Kolantsho | 30 m ago

Ngada to pip seasoned campaigners for AFCON place?

Kabelo Boranabi | 47 m ago

Oneal R&B orchestra shares African story

Lucy Kgweetsi | 1 h ago

Yarona FM to host Just Kidding Fam Fest

Nnasaretha Kgamanyane | 1 h ago

Softball Spectacular to quench players’ thirst

Calistus Kolantsho | 1 h ago

Zebras to camp in Tunisia ahead of AFCON finals

Mqondisi Dube | 1 h ago

Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

The Monitor Editor | 02 December 2025

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More