New housing scheme for public servants

Only public servants earning less than P12, 000 per month are eligible for the scheme
Only public servants earning less than P12, 000 per month are eligible for the scheme

Government has set aside P30 million in the current financial year for a housing scheme aimed at promoting home ownership for citizen public service employees earning less than P12,000.

 In an interview with BusinessWeek, the Minister of Lands and Housing, Prince Maele said they have decided to come up with the initiative to help government employees who cannot afford mortgages.

“Most of government employees do not have accommodation and cannot access mortgage loans from the banks hence why we thought this scheme would be ideal. This will help them to construct at least two and half-roomed houses and improve some of the houses they have,” he said.

Editor's Comment
Happy Independence!

We are 56 years old and what do we have to show for it? Looking at where Botswana started and where it is today, there are a lot of developments, but whether the developments match the number of years we have enjoyed as a country is a topic for another day.The fact that cannot be denied is we have seen major developments, but we are still lacking in several pertinent areas.Our beautiful country imports almost everything. We import fuel, food,...

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