Mmegi

LLR eyes retail growth with Phikwe mall project

Under revival: Economic activity is slowly growing in Selebi Phikwe ahead of the mine’s reopening next year 
PIC: MBONGENI MGUNI
Under revival: Economic activity is slowly growing in Selebi Phikwe ahead of the mine’s reopening next year PIC: MBONGENI MGUNI

Letlole La Rona Limited (LLR), through its subsidiary JTTM Properties (Pty) Ltd, is currently in advanced talks to co-invest in a new retail mall development in Selebi-Phikwe, BusinessWeek has learnt.

The move is part of LLR's ongoing strategy to diversify and strengthen its property portfolio across Botswana.

This week, the company, which is listed on the Botswana Stock Exchange (BSE), released a statement informing its unitholders and investors that JTTM Properties is in the process of executing binding transaction agreements.

Editor's Comment
Makgekgenene played her part

“Ignore the noise, focus on your work”- AnonymousAs the DG of such a controversy-ridden institution, you really played your part in the fight against corruption and economic crime. Your stay at the helm of the DCEC was quickly paying dividends under your stewardship. During your tenure, there was a lot of action as those caught on the wrong side of the law were brought to court regardless of their economic or political status. We have learnt...

Have a Story? Send Us a tip
arrow up