Business

New mall opens in Phakalane

The new Acacia Mall in Phakalane.PIC: MORERI SEJAKGOMO
 
The new Acacia Mall in Phakalane.PIC: MORERI SEJAKGOMO

Speaking during the official opening of the mall, managing director of Phakalane Estates, Lesang Magang said it has always been part of their plan to develop and diversify Phakalane beyond just residential area.

“As part of our plans to diversify the economy, we have always been trying to push developments as we try to develop the suburb,” he said.

The first phase of Acacia Mall comprised the construction of the shopping mall and has been completed with retail shops like Spar opened. The second phase, which will commence sometime this year, will include the completion and furnishing of other shops. The last phase will comprise residential apartments next to the mall.

According to Magang, their tenants include the banking sector, restaurants, pharmacies, cinema, as well as clothing companies. “We have tried our best to ensure that there is a lot of young entrepreneurs especially in the retail industry in this mall as we would like to accord them an opportunity to explore their talents.

The new Capitol cinemas, which will open for business next year, will have platinum suites, revolutionary cinema design and the latest technology,” he said. Magang said apart from the Phakalane residential area, there are surrounding areas like Oodi, Gaborone North, and Glen Valley that the mall can target.

“Because of these developments, we have now realised that we need to develop a shopping mall for these people. We also need one more road entering into Phakalane from A1, as well as a health club between petrol station and car wash,” he said.