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Letlole finalises P53m sale of Moedi House

Landmark: Moedi House in the Fairgrounds area of Gaborone PIC: LETLOLE.COM
Landmark: Moedi House in the Fairgrounds area of Gaborone PIC: LETLOLE.COM

Local property group, Letlole la Rona (LLR), is concluding an agreement to sell Moedi House in Fairgrounds for P53 million to a group partly owned by the Tibone family.

In a notice to the Botswana Stock Exchange, LLR directors said a sale deal was being finalised with Shining Sun Investments Proprietary Limited for Moedi House.

According to records at the Copyright and Intellectual Property Authority, 51% of the acquiring company is owned by Shyam Sunder Sreekaram, Shashi Kala Bala Sreekaram and Akheel Jinabhai.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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