Good morning, let’s get into it!
The Botswana Stock Exchange has shown remarkable resilience and significant growth pockets over the past year. While some global markets have been rattled by geopolitical tensions, several domestic heavyweights have delivered triple-digit and high double-digit returns for their shareholders.
Yearly Gainers: Top Performers (1Y Return)
I’ve ranked the top-performing companies based on their total price return over the last 12 months.
Company | Yearly (1Y) Return | Current Price (BWP) |
Choppies Enterprises (CHP) | 196% | 1.50 |
Stanchart Botswana (SCBB) | 43.0% | 8.76 |
BTCL (BTCL) | 37.7% | 1.46 |
Choppies Enterprises: Despite recent volatility in early 2026 and a decline in profitability forecasts due to regional macroeconomic pressure, Choppies remains the standout leader in yearly gains. The stock's meteoric rise in 2025 continues to anchor its massive year-on-year performance, though investors are watching its liquidity and debt repayment closely.
Standard Chartered Bank Botswana: A powerhouse in the banking sector, Stanchart has delivered a solid 43% return. The bank is benefiting from high-quality earnings and a strong return on equity (ROE) of 26.6%, outperforming the broader banking industry.
BTCL: The telecommunications giant has rewarded patient investors with a 37.7% gain. With a high dividend yield of approximately 10.95%, it remains a favorite for those seeking both growth and income.
Weekly Gainers: Momentum Watch
While the overall market remained relatively stable this past week, a few securities showed notable activity and slight upward movement in a week characterized by high trading volumes in specific stocks.
NewGold ETF: Showing the most significant movement this week, gaining BWP 41.50 to close at 611.24. This surge is likely driven by investors seeking safe-haven assets amidst global uncertainty.
BBS Limited: Though the price held steady at 0.70, it dominated market activity with the highest volume (over 260,000 shares traded) and turnover, signaling strong institutional interest or positioning.
BTCL: Maintained high trading frequency with 16 trades recorded on March 27, 2026, keeping its momentum steady as one of the most liquid stocks on the domestic board.
Letlole La Rona Limited announced Semi-Annual dividend of BWP 0.0435 per share payable on April 27, 2026, ex-date on April 13, 2026, and record date on April 15, 2026.
