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
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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