BHC raises P43m from sitting tenants campaign

Empowerment: About 144 Batswana have bought houses under the BHC campaign
Empowerment: About 144 Batswana have bought houses under the BHC campaign

The Botswana Housing Corporation’s (BHC) sitting tenants’ campaign, which was launched last year, has generated about P43million as at March 31, 2015.

After a year of the campaign, about 144 Batswana managed to buy houses, which helped BHC to attain a 29 percent increase in sales of the old stock as compared to the year 2013/2014.

The campaign, which was intended to run for a year only but has since been extended to March 2016, was established to promote home ownership among Batswana and increase sales from the old stock.  The objectives of the campaign were to extend the corporation’s mandate, increase brand awareness and help BHC unlock their capital.

Editor's Comment
Botswana deserves ideal political leaders

This remains to be seen, particularly as opposite unity has been seeing its ups and downs. In 2012, three opposition parties namely the Botswana National Front (BNF), the Botswana Movement for Democracy (BMD), and the Botswana National Front (BNF) formed a political alliance under the Umbrella for Democratic Change (UDC). The Botswana Congress Party (BCP) would, after rebuffs, join the coalition in 2017.The promise made by the coalition to its...

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