BTCL unfazed as profits drop

BTC Headquarters
BTC Headquarters

The Botswana Telecommunications Corporation Limited (BTCL) is unruffled by a 15% drop in pretax profits to P196.7 million, as directors say they expect the group’s “significant” investments in its network in the past few years to monetise this year.

Commenting on the group’s results for the year ended March 31, 2019, BTCL directors said margins had come under pressure due to restrained consumer spend. 

This had resulted in a 12% decline on the mobile business “despite the introduction of new products and services in the market and other initiatives to promote uptake”. 

Editor's Comment
Dear gov't, doctors: Ntwakgolo ke ya molomo

With both sides entrenched in legal battles and public spats, the risk to public health, trust in institutions, and the welfare of doctors grows by the day. It's time for cooler heads to prevail. The government and BDU must return to the negotiating table, not with threats, but with a shared commitment to resolve this crisis fairly and urgently.At the heart of this dispute lies a simple truth: doctors aren't just employees but guardians...

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