Property market bullish in 2017

The construction industry will benefit as demand for property is seen picking up
The construction industry will benefit as demand for property is seen picking up

The Botswana property market is showing signs of improvement in 2017 despite headwinds in the economy, brought on by reduced commodity prices and a decline in demand from the trading partners.

Following the release of the annual Botswana Property Report, real estate investment and development company, Vantage Properties expressed its positivity about the future.

Lloyd Sungirirai, chief investment officer at Vantage Properties, said there are still indications of optimism in selected property markets.

Editor's Comment
Bravo BDF for the first step addressing GBV

The statement, whilst some may say, comes a little bit too late, is timely as gender-based violence (GBV) continues to haunt the country. A week hardly passes without reports of a wife, a girlfriend or boyfriend being killed by their intimate partners. Just recently, a high-ranking officer stationed at Glen Valley Barracks reportedly murdered his wife and has so far managed to evade arrest. It is also alleged that another soldier murdered his...

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