RDC Properties records 20% jump in profit

The BSE listed company, which owns Masa Centre in the new CBD, said profits levels were pleasing as the Botswana property market becomes increasingly competitive-especially in Gaborone.

“Our profit before tax went up from P13 million  last year to P 15.6 million this year. The results of the group have continued to rise and this trend will continue as Masa Centre strives for 100 percent occupancy,” RDC Properties Group managing director Jacob Pari stated during the half year, ended June, results presentation on Friday.