PEEPA forecasts strong BTC IPO
Friday, February 21, 2014
According to the agency, the IPO will be open to both citizens and citizen-owned organisations, although allocations between the two classes of investors are yet to be decided upon. The latest developments follow Cabinet approval of BTCL’s privatisation four years ago with up to 49% due to citizens and citizen companies, while up to 5 percent will remain strictly for BTC citizen employees.
On Wednesday, PEEPA CEO, Kgotla Ramaphane told BusinessWeek that the agency expected positive market response to the IPO, gauging by the robust public interest in the share sale ever since plans for it were made public in 2010.
It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...