BTCL IPO: Is it a good investment?

BTC IPO launch.PIC: KAGISO ONKATSWITSE
BTC IPO launch.PIC: KAGISO ONKATSWITSE

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:

Editor's Comment
BDP primaries leave a lot to be desired

The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...

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