Our investments are going to pay off, BTCL vows

Masunga expects BTCL to turn the corner this year PIC: KENNEDY RAMOKONE
Masunga expects BTCL to turn the corner this year PIC: KENNEDY RAMOKONE

The Botswana Telecommunications Corporation Limited (BTCL) managing director, Anthony Masunga says in going forward, it aims to reap from the heavy investment in network and infrastructure the group has made in recent years.

The telecomms group has been under pressure from investors as its share price has sunk below the 2016-listing level, amidst seesaw profits. 

Individual (retail) investors make up a very large proportion of the BTCL’s share registry and many have taken to social media to express their disappointment with the value they are getting from the telecomms group.

Editor's Comment
Consult, get buy-ins first for 6 to 6 policy, Hon Minister

While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...

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