Buyers flock as BTCL shares go on sale

Mmusi
Mmusi

The historic public offer of shares in the Botswana Telecommunications Corporation Limited (BTCL) got off to a steady start yesterday, with Batswana scurrying to apply at various Barclays Bank of Botswana branches. Mmegi Photojournalist, KENNEDY RAMOKONE spoke to some of the potential shareholders

James Ratshosa (32)

I came to Barclays because I heard about the release of BCTL IPO shares. I applied for 10,000 shares. These shares will only be allocated after March 4, 2016 and it does not mean that if you have applied for 10,000 shares you are going to get them all.

Editor's Comment
Gov’t must rectify recognition of Khama as Kgosi

While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....

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