Mmegi

BHC reports surge in rental impairments

Household brand: BHC has plans for accelerated construction this year PIC: MORERI SEJAKGOMO
Household brand: BHC has plans for accelerated construction this year PIC: MORERI SEJAKGOMO

Botswana Housing Corporation (BHC) has recorded a significant increase in impairments, which rose to P23 million year on year, mainly within the rental receivables category, the corporation’s 2024 annual report shows.

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.

Editor's Comment
Child protection needs more than prevailing laws

The rise in defilement and missing persons cases, particularly over the recent festive period, points not merely to a failure of policing, but to a profound and widespread societal crisis. Whilst the Police chief’s plea is rightly directed at parents, the root of this emergency runs deeper, demanding a collective response from every corner of our community. Marathe’s observations paint a picture of neglect with children left alone for...

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