Masa Towers To Cost P275 Million - Giachetti

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The Botswana Stock Exchange (BSE) listed property concern RDC Properties says its new project - Masa Towers - in the new Gaborone Central Business District (CBD) is estimated to cost P275 million by the time of its opening around May 2010.

The building, which comprises retail, office space as well as a 157-room hotel, is one of the many properties currently being developed in the new CBD area.

Speaking at the release of the company's unaudited six-month results to June 30, 2008 in Gaborone last Thursday, group managing director Guido Giachetti said the Masa Towers project, whose civil and building contract has already been tendered, is set to diversify the company's portfolio, which has been skewed towards office properties.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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