Property sector reels from power, water outages
Wednesday, April 16, 2014
![The construction industry is being adversely affected by power and water shortages](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/uploads/imported_images/2014/april/16/phpA209.tmp.jpg&w=400&q=72&f=jpg&t=1)
The construction industry is being adversely affected by power and water shortages
“Our properties performed very solidly during the interim period. Whilst economic conditions remain challenging, and now worsened by power outages and water shortages, we have had to work hard with our tenants to minimise disruption,” he said.
Kelly’s comments come on the back of the forecast by economists that growth will be restricted to lower than five percent in 2014, in part due to the prevailing water and electricity shortages that have disrupted production across all economic sectors.
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