PrimeTime targets out of Gaborone retail market
Wednesday, November 26, 2014
Presenting the company’s financial results for the year ended August 31, 2014 in Gaborone yesterday, PrimeTime managing director, Sandy Kelly, said although the retail market was saturated in many towns in Botswana there were growth opportunities in outlying areas such as Palapye, Mahalapye and Mochudi/Pilane.
“Now that Prime Plaza is complete we are evaluating other investment opportunities both in the Gaborone CBD and other outlying areas,” said Kelly.
Smash-and-grab incidents became common at traffic lights, Automatic Teller Machine (ATM) bombings made headlines too often, cash-in-transit robberies terrified security personnel, while home invasions left families traumatised in the very places they were supposed to feel safest. The situation had reached alarming levels and threatened not only the peace of ordinary citizens, but also the country’s reputation as one of the safest and most...