BTCL shares sale opens Monday

A total of 462 million Botswana Telecommunications Corporation Limited (BTCL) shares will on Monday (January 11) float on the market at a price of P1 each, marking the first step in closing the countrys first privatisation process.

Under the company’s Initial Public Offer (IPO), Batswana and citizen owned companies are eligible to buy a minimum of 1000 shares translating to P1, 000.

No transactions cost will be levied on the buyers, although investors are required to open a Central Securities Depository (CSD) account with the Botswana Stock Exchange (BSE).

Editor's Comment
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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