Monday, October 19, 2020

Two go head-on for BTCL top post

The race for the Botswana Telecommunications Corporation Limited (BTCL) plum post to fill ousted managing director Paul Taylor has emerged between the company’s General Manager Christopher Diswai and Acting MD Anthony Masuga

Sunday Standard can reveal that that the runners for the BTCL top post are Diswai and Masuga.  Diswai was previously Network Planning & Implementation Manager at Orange Botswana equipped with MBA, Business Administration from Henley Business School.

Masuga was deputising Taylor as Chief Operations Officer (COO) and he was previously General Manager Commercial, General Manager Privatisation as well as General Manager of beMOBILE Botswana.

Both Diswai and Masuga boast impressive credentials and track records in the telcom industry and once appointed, the MD is expected to position BTCL to ensure continuity in the business going forward.

The immediate past BTCL Board of Directors chairperson Daphne Matlakala stated last week at the Annual General Meeting (AGM) that the board was at an advanced stage to identify candidates adding that there were two who had been going through interviews. She did not say who they were.

“We will announce the new MD in about three months and as the board it is not our intension to stay for a long time without substantive MD as well as chairperson,” said Matlakala.

Matlakala further stated that she was leaving the BTCL board for her personal, adding that she believed that the company was in good hands. She also said that she had been working with a competent team that could take the business to the next level.

Meanwhile, the BTCL shareholders have endorsed former CEO at First National Bank Botswana (FNBB), Lorato Boakgomo-Ntakhwana, alongside Mclean Letshwiti, for consideration by shareholders.

BTCL share prices trading

Information contained in the BTCL traded prices shows share prices since the initial listing with a tag price was P1.00 per share and it then started trading at P1.30 on April 8, 2016. The share prices kept dropped to 84 Thebe on August 16, 2016.

BCTL shareholders recently expressed displeasure about the company’s share price trading at the Botswana Stock Exchange.

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