Property developer eyes crowdfunding for project

Rerotlhe, a local property developer seeking to build affordable houses, has launched a bond on crowdfunding platform, Reality Africa, which will allow the firm to raise up to P5.38 million from armchair investors.

Crowdfunding is the practice of funding a project or venture by raising monetary contributions from a large pool of people.

The company, owned by the Moalusi family, plans to build 17 units for affordable housing, 13 for sale and four for rentals on a 3,685 square metre (sqm) plot in Mogoditshane.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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