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BTCL shares record slight recovery

In the news: BTCL's headquarters in Gaborone known as Megaleng House PIC: KENNEDY RAMOKONE
In the news: BTCL's headquarters in Gaborone known as Megaleng House PIC: KENNEDY RAMOKONE

The Botswana Telecommunications Corporation Limited (BTCL) is enjoying a rare period of growth in its share price, recently lifting off from a historic low of 65 thebe.

The telecomms group, the trading of whose shares is limited to citizens, plunged to the record low of 65 thebe at the beginning of May, continuing a general downtrend since it listed at P1.15 in 2016.

However, in the past month, BTCL’s share price has risen by 15% to 76 thebe, suggesting that investors are increasingly seeking out the counter.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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