Local telecoms service provider, the Botswana Telecommunications Corporation (BTC), has noted a surge in profits during its half year ended September 30, 2024.

Leading retail, wholesale and manufacturing group, Sefalana, has declared its highest full-year dividend to date of 65 thebe, on the back of a resilient performance in its most recent financial period.

The combined value of companies listed on the Botswana Stock Exchange's (BSE) Domestic Companies Index (DCI) rose 17% in the first half of the year when compared to the level last June, buoyed by strong performances nearly across the board.

Shares in the Botswana Telecommunications Corporation Limited (BTCL) reached a four-year high on the Botswana Stock Exchange (BSE) earlier today, after gaining 19 thebe in a single day's trade.