BTCL share price set for unveiling

BTCL shares discussions.Pic.Kagiso Onkatswitse
BTCL shares discussions.Pic.Kagiso Onkatswitse

The Botswana Telecommunications Corporation Limited (BTCL) will unveil the price of its shares next month which will be unveiled in an Initial Public Offer, as officials continue to play their cards close to their chests.

 

Government plans to offer 44 percent of its shareholding to citizens and citizen-owned companies via the Initial Public Offer (IPO), retaining 51 percent and committing five percent to citizen workers. While the share price will only be known when the prospectus supporting the IPO is published next month, recent trends on the local bourse suggest a price between P1.00 and P2.00.

Editor's Comment
Stay safe this holiday season

However, amidst the happiness, it is crucial to remember that the holidays can also bring unforeseen challenges. From increased traffic and travel hazards to heightened risks of accidents and social unrest, the festive period demands heightened awareness and responsible behaviour.Traffic congestion and accidents are a common occurrence during the holidays. With increased travel, roads become busier, leading to a higher risk of collisions. Alcohol...

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