PEEPA targets August for BTC IPO

While a portion of the 49 percent being privatised has been reserved for BTC citizen employees, members of the public will still take up the lion's share of the equity on offer while the government will retain the controlling balance.

Responding to Business Today enquiries last week, PEEPA officials said the IPO would take eight weeks leading to the listing of the shares on the Botswana Stock Exchange (BSE).  During that period, Batswana will be able to buy shares basing their decisions on proposals and details contained in the IPO documentation.