Current Privatization Projects

Botswana Telecommunication Corporation (BTC)

Botswana Telecommunications Corporation (BTC) - Implementation of BTC’s privatization commenced immediately after Cabinet approved of privatization strategy in June 2006.  The privatization process is as follows:

• Implementation of BTC’s privatization commenced in 2010 after approval
• Approved strategy involves offering shares of up to 49% to individual citizens and citizen companies.
• 51% will remain with government
• Approved strategy does not include Trans Kalahari optic fibre network and GABORONE – FRANCISTOWN loop
• Government will continue to deliver developmental programmes such as the rural telecommunications programme (Nteletsa)

 National Development Bank (NDB)

NDB - Implementation of NDB’s privatization commenced immediately after Cabinet approved  its privatization in March, 2011. The privatization process is as follows:

•  49% shares issued to citizen and non citizens as follows:
• 44% to citizens and non citizens with at least 30% to citizens and those remaining to non-citizens
• 5% ESOP
• Government retain 51%
• Working on Transition Bill to facilitate NDB’s privatization