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Like you saw, there will no longer be Friday articles going forward; Tuesday is sufficient.
The following analysis ranks listed companies based on their 1-year return performance as of May 2026, highlighting the drivers behind these significant market movements.
The Top Performers (Yearly Gains)
Choppies Enterprises (CHOP): +172.7% Choppies leads the market with a staggering yearly gain. While the company has recently warned of a drop in profitability due to regional macroeconomic pressures and squeezed margins, its 2025 performance was bolstered by high growth in free cash flow. However, investors should note that recent sharp price drops on secondary listings suggest this high yearly figure may be facing downward pressure.
Botswana Telecommunications Corp (BTCL): +37.7% BTCL has seen strong growth driven by the expansion of its mobile data and broadband offerings. Despite a slight decline in traditional voice revenue, tight cost management led to an 8% increase in profit before tax and a significant expansion in its cash position.
CA Sales Holdings (CAS): +17.9% This FMCG specialist achieved strong earnings through regional expansion, particularly in East Africa, and the successful onboarding of new clients. Headline earnings per share grew by 17.1%, supported by disciplined cost management.
Sechaba Brewery Holdings (SECH): +12.1% Sechaba delivered a resilient performance despite a challenging economic backdrop, benefiting from stable demand in the beverage sector and a disciplined approach to capital allocation.
First National Bank Botswana (FNBB): +9.6% The bank maintained steady growth, recently contributing over P76 million in market value gains. Its performance remains a bellwether for the broader financial sector.
Mid-Tier and Stable Performers
Absa Bank Botswana (ABBL): +7.6%
Sefalana Holding (SEF): +6.7%
RDC Properties (RDCP): +6.3%
Chobe Holdings (CHOB): +5.9%
Standard Chartered Bank (SCBB): +5.3%
Olympia Capital (OCCL): +3.7%
Letlole La Rona (LLR): +3.4%
Primetime Property (PTPH): +2.5%
Botswana Insurance Holdings (BIHL): +2.2%
New African Properties (NAP): +1.0%
The Bottom Performers (Yearly Losses)
Letshego Africa Holdings (LETS): -19.0% Despite reporting a massive increase in profit after tax for the first half of 2025, Letshego’s share price has been suppressed by high capital expenditure for its digital transformation and risks associated with currency devaluations in its West African operations.
G4S Botswana (G4S): -9.0% G4S has struggled recently, with news of the Managing Director's resignation in early May 2026 adding to investor uncertainty.
Turnstar Holdings (TURN): -8.8%
Cresta Marakanelo (CRE): -8.6%
Weekly Market Movements
For the current week ending May 7, 2026, the market has remained largely flat, with a 7D return of 0% across most listed entities. No significant gains or losses were recorded every week, indicating a period of relative stability following earlier volatility.
Source: simplywallst
