Invest in residential properties � Mokalake

Mokalake
Mokalake

The Minister of Lands and Housing Lebonaamang Mokalake has urged the private sector to invest in the residential property market and assist the Botswana Housing Corporation to build houses for Batswana.

Speaking at the BHC media workshop this week, Mokalake said it was important for private participation, as currently BHC does not get any annual subventions from the government to build houses.

“Usually BHC gets loans from the banks to build these houses and they have to pay back that money with interest,” he said, adding that they are currently sourcing some funds locally and internationally to be sustainable so they reduce the prices by 30 percent.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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