Our investments are going to pay off, BTCL vows
Friday, July 12, 2019
Masunga expects BTCL to turn the corner this year PIC: KENNEDY RAMOKONE
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.
When claims of such gravity are made, especially by a sitting Assistant Minister they cannot be brushed aside, delayed, or treated as routine political noise. Even the Ombudsman has confirmed receipt of a report from a political party and a review of these complaints is now underway. That is a necessary first step. But it is only the beginning. The seriousness of the allegations demands urgency, transparency and clarity. The public is entitled to...