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
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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