Coops Join Hands To Invest In Property

Four cooperatives have invested in the residential property market
Four cooperatives have invested in the residential property market

SELEBI-PHIKWE: Four cooperative societies have joined forces to buy land near Phakalane in Gaborone for development of a multi-residential property in a bid to diversify and move away from being consumer-orientated.

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.

Editor's Comment
Public servants deserve better than union infighting

‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...

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