�Incredible� response reported for BTCL shares

Members of the public buying BTCL shares this week
Members of the public buying BTCL shares this week

Batswana have responded strongly to the offer of shares in the Botswana Telecommunications Corporation Limited (BTCL) with more than 15,000 copies of the prospectus collected in the three days since the sale opened on Monday.

Government and BTCL are selling 462 million shares at P1 each in an offer that is both the country’s largest Initial Public Offer (IPO) and also the first privatisation of a parastatal. The offer opened on Monday and will close on March 4, 2016 at 5pm.

Yesterday, BTCL managing director, Paul Taylor said another 10,000 copies of the prospectus had been downloaded thus far, symbolising “incredible” demand for the shares among Batswana.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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