BTCL IPO: Is it a good investment?

Friday, January 22, 2016

As has been mentioned in various media platforms that the government of Botswana will be selling 49% of its Botswana Telecommunication Corporation Limited (BTCL) share to the public, through an initial public offering, of which 5 percent has been reserved for BTCL employees.

This implies that the government of Botswana will retain 51% of the shares and therefore become the major shareholder of the BTCL.

Over the past weeks a number of people have asked me the following questions: What is your take with regard to the BTCL selling of shares? Should I buy, Is it a good investment? How much should I invest? Hence the aim of this article is to answer the above mentioned questions. Allow me to start by quoting the following:

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BTCL IPO: Is it a good investment?

As has been mentioned in various media platforms that the government of Botswana will be selling 49% of its Botswana Telecommunication Corporation Limited (BTCL) share to the public, through an initial public offering, of which 5 percent has been reserved for BTCL employees.

Human rights are sacred

Bakgatla Ba Kgafela celebrate as Kgosi Kgafela’s charges are dropped

First Lady's office hosts second annual thanks giving ceremony

PSLE performance on upward trend

Bona Life tee-off Maruapula Loxion Golf journey

Cops arrest young man, seize dagga in Metsimotlhabe

Second Mogoditshane rape attack in two weeks

Suspected suicide behind Sir Seretse Khama Barracks

Human rights are sacred