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LLR seeks partners for African campaign

Eyeing growth: Mowaneng says LLR is redoubling its efforts to expand into Africa
Eyeing growth: Mowaneng says LLR is redoubling its efforts to expand into Africa

Local property group, Letlole La Rona (LLR) is on the lookout for partners for its African strategy, as opportunities in the local market tighten, BusinessWeek has learnt

The listed group’s ‘Go to Africa’ strategy suffered a knock early this year when a shareholder tussle resulted in the exit of Grit Real Estate, the pan-African group that was leading LLR’s push into the continent.

From being the second largest equity holder with a 30% stake, Grit gradually shed its holdings in LLR to zero, citing a change in its strategy.

Editor's Comment
BDF visitation approval a welcome development

BDF camps are military camps, and there is a need for stricter rules and regulations to safeguard their operations as well as ensure the safety of civilians. Of course, military personnel are human, and they have relatives as well as girlfriends and boyfriends, but the fact remains that the BDF is responsible for ensuring national security and stability and, as such, will be one of the first targets in the event of possible attacks. The decision...

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