Poor start to 2021 for BTCL share price

Megaleng BTC headoffice. PIC: THALEFANG CHARLES
Megaleng BTC headoffice. PIC: THALEFANG CHARLES

The Botswana Telecommunications Corporation Limited (BTCL)'s share price dropped to 75 thebe earlier this week, meaning the telecommunications group has thus far lost 8.5% since the beginning of the year.

BTCL was among the Botswana Stock Exchange’s biggest losers last year, shedding 13.7% and reaching an all time low of 60 thebe early in November.

From that bruising performance, BTCL began 2021 at 82 thebe, before inching downwards and eventually shedding five thebe in a single day’s trade this week.

Editor's Comment
UDC's 100 Days: Please deliver your promises!

We duly congratulate them to have ousted the long ruling Botswana Democratic Party (BDP) from power. Prior to taking power from the BDP, the coalition had made several election promises that are credited for influencing change and swaying the people to vote in its favour.The party had made an undertaking, which its leader and President Duma Boko consistently bellowed in his campaign trail. These undertakings were promises that Batswana would be...

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