BHC reports surge in rental impairments
Friday, November 28, 2025 | 380 Views |
Household brand: BHC has plans for accelerated construction this year PIC: MORERI SEJAKGOMO
At the close of the 2023–2024 financial year, BHC’s rental portfolio comprised 10,055 properties strategically located across the country, primarily consisting of low- and medium-income housing units.
For the year under review, BHC’s rental revenue amounted to P272.5 million, with an average vacancy rate of 1.8 percent.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...