Letshego leads BSE despite internal turbulence
Wednesday, May 25, 2022 | 1110 Views |
Out: Okai left Letshego under mysterious circumstances earlier this month
By last Friday, Letshego’s share price was up 25% for the year, outpacing its peers on the Domestic Companies Index, according to Stockbrokers Botswana data.
Second-placed gainer, Standard Chartered Bank Botswana was up 14.8% by comparison, followed by 7.8% for Letlole la Rona. Letshego’s performance is despite the shock sacking of its chief executive officer, Andrew Okai earlier this month, with the board releasing a terse statement hinting at the irreparable breakdown of the relationship.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...