Mauritius among targets of PrimeTime�s P200m war chest

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Listed property group, PrimeTime Holdings has budgeted P200 million to spend in the next eight months on opportunities that could see boots on the ground in Mauritius, BusinessWeek has learnt.

PrimeTime managing director, Sandy Kelly said the group was actively looking for investment and expansion opportunities to be funded through the P200 million, the budget remaining for such activities in the financial year which runs to August 2018.

At present, PrimeTime, which is listed on the Botswana Stock Exchange, has 25 properties valued at P1.12 billion, with the portfolio spread across Botswana and Zambia. The group recorded a 27% jump in lease revenue to P110 million for the year ended August 31, 2017.

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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