BTCL�s �massive� shares uptake continues

BTCL managing director Paul Taylor
BTCL managing director Paul Taylor

The country’s first ever citizen reserved Initial Public Offer (IPO) has received a good reception with 15,000 shareholders estimated to have already bought Botswana Telecommunications Corporations Limited (BTCL) shares.

Under the IPO, which was opened on January 11 this year and is due to close on March 4, the  government and BTCL are selling 462 million shares at P1 each with buyers eligible to buy a minimum of 1,000 shares.

According to Kennedy Kgomanyane of Stockbrokers Botswana, who are the sponsoring broker to the IPO, the IPO have received a good reception and are already preparing themselves for the final wave of offers to come during the later part of February.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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