Phakalane housing sales boost BHC revenue

The increase comes on the back of strong sales from the Phakalane housing project. The corporation recorded revenue of P470 million in that year, which is an increase from the P300 million for the same period in 2014.

The increase in revenue was largely driven by Phakalane houses' sales revenue, which increased by P176 million denoting a 193 percent increase. The Phakalane project, which was delayed due to issues of sewerage, was only delivered in the period under review.