Data services anchor growth in BTCL profits
Friday, December 05, 2025 | 80 Views |
On the rise: BTCL’s profits are strengthening, while its share price is also warming up PIC: MORERI SEJAKGOMO
The telecomms group defied a general contraction in the economy over the same period, as its continued investment in network modernisation paid off.
According to BTCL’s results released to the Botswana Stock Exchange this week, revenues over the half year grew to P796 million, a 10.3% increase in comparison with the same period last year, supported by strong performance in mobile money, digital services, and data-related products.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...