Choppies leads BSE in strong year
Tuesday, January 08, 2013
Stockbrokers Botswana data indicates that Choppies' share price rose from its January 26 listing level of P1.15 to close the year at P2.05, translating to an increase of 78.3 percent. The retail giant's counter reached a high of P2.10 in the third quarter of 2012 and a low of P1.40 in the second quarter.
According to Stockbrokers Botswana, beverage titan, Sechaba was the second biggest gainer on the BSE last year, with its share price rising 31 percent, while pan-African microlender, Letshego was third with a 28 percent share price rise. The Bettabeta Exchange Traded Fund (ETF) and local property investment firm, Letlole la Rona were the fourth and fifth biggest gainers for last year respectively.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...