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
Women in Politics caucus NGO, a welcome development

In the 2014 General Election, women who stood for parliamentary elections were a mere 17 out of a total of 192 aspirants, and sadly the number dropped to 11 out of 210 parliamentary aspirants in the 2019 General Election. Hopefully, registration of the Women in Politics Caucus will give women the necessary support to join politics. While things were slowly improving, women for a long time were at the receiving end as compared to their male...

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