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
Watch your tongue Mr President

While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...

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