BDC to shed property investments

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In a move expected to unlock wealth for local investors, the Botswana Development Corporation (BDC) is to embark on a major divestment from its multi-million pula property portfolio.

The divestiture is part of BDC's Strategic Plan for 2007 - 2011. Between 2007 and 2008, BDC reviewed its various wholly, owned and equity property assets with a view to shedding its interest in selected properties.

BDC's strategists are targeting mature investments for divestment, thereby unlocking funds that will kick-start a process through which local investors will tap into the profitability of the property investments.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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