Markets

Equity Trading: BTCL takes the lead

BTCL outperforms for a second week in a row. The telecommunications company has enjoyed an amazing following the release of their interim results in December, moving 19 thebe higher in just less…

AfDB names MCBIM as fund manager for its ETF in Africa

The African Development Bank (AfDB) has appointed MCB Investment Management (MCBIM), a subsidiary of MCB Capital Markets, as Fund Manager for its first multi-jurisdictional Fixed Income Exchange Traded Fund (ETF) in Africa. The…

Lesego Osman to head Stanbic Bank Global Markets 

Stanbic Bank Botswana’s Global Markets team will be complemented by the experience and passion of newly appointed Head, Lesego Osman.  Lesego begins his role effective immediately, after having returned from undertaking an…

G4S, the biggest winner for the week

G4S security with a market cap of just P328 million was the biggest winner for the week. The stock has seen some impressive momentum in the late half of the year, and…

Equity Trading: Climbing higher and higher

Barclays bank continues to “Prosper” after an 8 thebe price jump during the week left the stock trading at a flat P5.00 a share. The 1.6% price jump came after over 258…

Weak Volumes on quiet week

Nearly 1.2 million shares valued at P3.77 million exchanged hands over the week, with market participation relatively low after the holidays. The small volumes are characteristic of retail investors rather than institutional,…

Letshego stages a solid recovery

Letshego commenced a share buyback program on the 5th of September, when it purchased 13.35 million shares at a price of P2.04 a share. In the week under review the share price…

Top African banking executives gather in Mauritius

The Mauritius Commercial Bank Group (MCB)) hosts 40 top executives representing 40 African banks at the week-long 2016 Africa Forward Together conference held at the five-star Ravenala Attitude Hotel. Africa Forward Together…