Stockbrokers See BTC Share Price Potential Growth

Stockbrokers Botswana believes Botswana Telecommunications Corporation Limited (BTCL) share price has room to reach P1.44 and are recommending a 'buy'.

The corporation’s share, which was initially listed on Botswana Stock Exchange (BSE) at P1.15, is now currently at about P0.89.

Some experts believe that the sliding value is linked to the fact that BTCL’s shares trade amongst citizens, limiting the full unlocking of their value. Currently government holds 54.2% of BTCL, followed by individual Batswana who hold about 32%.

Editor's Comment
Botswana deserves ideal political leaders

This remains to be seen, particularly as opposite unity has been seeing its ups and downs. In 2012, three opposition parties namely the Botswana National Front (BNF), the Botswana Movement for Democracy (BMD), and the Botswana National Front (BNF) formed a political alliance under the Umbrella for Democratic Change (UDC). The Botswana Congress Party (BCP) would, after rebuffs, join the coalition in 2017.The promise made by the coalition to its...

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