BTCL share prices touches two-year high

Better days: BTCL's share price recently improved PIC: MORERI SEJAKGOMO
Better days: BTCL's share price recently improved PIC: MORERI SEJAKGOMO

The Botswana Telecommunications Corporation Limited's (BTCL) share price on the Botswana Stock Exchange recently reached a two-year high, a rare positive performance for a counter that has generally performed negatively since its listing in 2016.

BTCL’s shares gained nine thebe on March 28 to reach 86 thebe, the highest level since December 16, 2020, as the telecomms group joined the broadly upward momentum of the stock exchange.

The share price jump last month takes BTCL to net growth of 11.7% for the year, putting it amongst the top five gainers on the BSE, according to data shared by Stockbrokers Botswana.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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