Property returns good in 2013
Friday, December 20, 2013
![No Image](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/uploads/imported_images/2013/december/20/phpB6DE.tmp.jpg&w=400&q=72&f=jpg&t=1)
Big property companies have set eyes on the African market, where returns are good. Turnstar Holdings Limited is making it big in Tanzania while PrimeTime is targeting Zambia, as it expands into Africa.
The IPD reports that property investment has remained the only investment choice with significant inflation beating returns buoyed mostly by the retail and residential sectors, which recorded returns as high as 16.6 percent and 24.4 percent respectively in the year 2012.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...