NAP profits rise in stable property market
Friday, April 21, 2017
The group’s distributable income for the six months has increased by 10% to P67.7 million from P61.5 million that was recorded in the prior year, resulting in a first half distribution of 11.21 thebe per linked unit.
According to the group’s managing director, Tobias Mynhardt the increase in distributable income is attributable to a 9.4% increase in net rental income before adjustments, a 6.9% increase in net finance income and flat portfolio costs.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...