Herding the beasts to the stock exchange

Friday, January 22, 2016

The historic offer of Botswana Telecommunications Corporation Limited (BTCL) shares has ignited a quiet revolution, where more Batswana are embracing the idea that there exists a wealth vehicle beyond cattle. As the roadshows continue countrywide, Staff Writer MBONGENI MGUNI, learns that more people are willing to shift wealth from the kraal to the bourse

The offer of 462 million shares in the BTCL was always going to hinge on convincing ordinary citizens to accommodate the view that wealth can be preserved and grown beyond traditional channels.

As senior BTCL officials and their partners embark on a 31-town/six-week tour to educate Batswana about the importance of the share offer, large numbers are turning out eager to learn more about a process traditionally unknown and feared in equal amounts.

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