Coops Join Hands To Invest In Property
Monday, July 10, 2017
Four cooperatives have invested in the residential property market
The four are Selebi-Phikwe, Bobonong, Motswedi and Ditswammung, cooperative societies. The latter two are from Gaborone,
Botswana Cooperatives Association vice chairperson Tebogo Venson said during an interview that they jointly acquired a P4 million plot to build residential houses for rental. “It is a multi-million pula project. It consists of 52 plots valued at P30 million. The project would undoubtedly improve profits for our members,” he said.
Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...