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.

Editor's Comment
A woman’s right to choose: Or is it?

Here in Botswana, we have many single-parent households, mostly female-led, so what does that suggest? That some fathers choose to ditch the responsibility of caring for their children and leave them to the ones who carry them during pregnancy to do the heavy lifting.Of course, in other dynamics, there are instances where the father wants to keep the baby and the would-be mother does not want to, hence the saying ‘whose body is it anyway’.In...

Have a Story? Send Us a tip
arrow up