Mixed reactions to BTCL shares sale

Tuesday, February 02, 2016

FRANCISTOWN: The public sale of the Botswana Telecommunications Limited (BTCL) shares have been received with mixed reaction. While some have welcomed the move, others argue that the set minimum amount of shares that one could purchase was out of reach for many.

Under the Initial Public Offer (IPO), Batswana and citizen owned companies are eligible to buy a minimum of 1,000 shares at P1 each.

At a road show held here recently to market the IPO, a street vendor, Banoki Mbulawa said the idea was great but majority of people would not afford as they earn low incomes and their standard of living is generally poor.

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Mixed reactions to BTCL shares sale

FRANCISTOWN: The public sale of the Botswana Telecommunications Limited (BTCL) shares have been received with mixed reaction. While some have welcomed the move, others argue that the set minimum amount of shares that one could purchase was out of reach for many.

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