Tag: Motswedi Securities

Cresta and Letshego only movers during the week

The second half reporting season is almost reaching an end with most companies having published their results. The results so far have been largely in line with expectations with the only surprise…

BTCL mobile revenues on the rise but Fixed faces bleak future

Although beMOBILE was a late addition to Botswana Telecommunications Corporation Limited (BTCL) stable, the mobile sales is the biggest contributor towards revenue for the listed telecommunications group. A research note on the…

Property counters cruising on the upside

Sechaba was the major highlight of the week after trading 3.6mn shares worth P73.4mn on a single trading session. Sechaba is now the most liquid stock on the local bourse and so…

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…

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…

Motswedi Securities’ take on BoB rate cut

The Bank of Botswana (BoB) has reduced the Bank Rate from 6% to 5.5%. The last interest rate cut was made almost a year ago on the 6th of August 2015 by…

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