Missing piece to improve BTCL shares liquidity

Ikanyeng Segonetso
Ikanyeng Segonetso

It is now a known fact that Botswana Telecommunications Corporation Limited (BTCL) Initial Public Offering (IPO) emerged as one of the most broadly publicised and successful IPO the local bourse has ever experienced in history.

On the basis of that publicity, the IPO was over-subscribed by almost double the amount of the threshold with more than 90% of the offers accruing to retail investors and the remaining 10% of the offers received from institutional investors.

Looking back, the rigorous determination on the marketing and publicity of the IPO got the masses running helter-skelter in a bid to get a piece of the golden pie.

Editor's Comment
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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