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
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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