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
Gov’t must rectify recognition of Khama as Kgosi

While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....

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