PrimeTime cools on Zambian opportunities

Growing:PromeTime is adding a Plaza 11 soon PIC: PRIMETIME.CO.BW
Growing:PromeTime is adding a Plaza 11 soon PIC: PRIMETIME.CO.BW

Local property group, PrimeTime’s confidence in the Zambian market is waning after economic troubles in that country weighed on the performance of its office and retail assets, impacting its full year profits.

PrimeTime, listed on the Botswana Stock Exchange, has office, retail and industrial buildings in Botswana, South Africa and Zambia with a market value of more than P1.4 billion.

The group entered Zambia in 2013 in its first regional expansion at a time when the domestic economy was experiencing a slowdown.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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