PrimeTime Eyes Africa

"The South African market is well known to us and, with the pula being linked closely to the rand, is worth consideration for Botswana investors," the company's Chairman Tshipa Mothibatsela, said last week.

"The current weak state of the property market due to the recent substantial rise in interest rates may well present good opportunities." PrimeTime, however, notes that although some prospects have been identified, the acquisition of Botswana properties continues to be very difficult as most owners are not willing to sell.