Broker identifies niche in the mortgages market
Thursday, October 23, 2014
Bhoola
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Bhoola: Bond Brokers is one of the first independent mortgage brokers in Botswana. We work independently with banks, estate agents and developers and focus on the client, to provide service from the loan application to process to the approval. Our personnel ensure that the client has access to comprehensive information on the various loan facilities on offer at the local banks. They also assess which package would be the suitable for each client’s personal financial circumstances.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...