PrimeTime�s expansion gathering pace in 2017

Spreading wings: PrimeTime's Kabulonga Mall in Lusaka, Zambia
Spreading wings: PrimeTime's Kabulonga Mall in Lusaka, Zambia

PrimeTime Property Holdings closed 2016 on a high with its share price hitting P3.10 and the BSE-listed company receiving overwhelming backing from its unitholders for its expansion into Zambia.

An Extraordinary General Meeting was held in Gaborone on December 21, 2016 at which 90% of the issued share capital and issued debentures in the company were represented and voted in favour of the proposed transaction.

 PrimeTime’s latest acquisition is a prime retail centre of 7,500 square metres in the upmarket central Lusaka neighbourhood of Kabulonga. The retail centre is anchored by Pick n Pay and Woolworths and has a strong presence from international and local retailers, banks, and food and beverage outlets.  Tenants include Pizza Hut, KFC, Nandos, Mugg & Bean, LG, FNB, Standard Chartered, Mr Price, MTN and many more.

Editor's Comment
Inspect the voters' roll!

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...

Have a Story? Send Us a tip
arrow up