the monitor

RDC accelerates regional, int'l expansion strategy

Masa Protea Hotel one of the RDC properties. PIC PHATSIMO KAPENG
Masa Protea Hotel one of the RDC properties. PIC PHATSIMO KAPENG

With Botswana’s contribution to its revenues declining amid challenging domestic economic conditions and softer property market performance, RDC Properties Limited is accelerating its regional and international expansion strategy.

According to the group's 2025 annual report, its geographic diversification strategy has significantly reshaped the revenue structure, with local portfolio now contributing a minority share of overall income. The shift comes as South Africa and Croatia continue to provide more stable operating environments supported by consistent income generation and solid property fundamentals. The locally-listed company, which has a property portfolio valued at approximately P6 billion, has increasingly expanded beyond Botswana into markets like South Africa, Croatia, Zambia, Madagascar, Mozambique and the United States. RDC’s portfolio includes office buildings, retail centres, industrial parks, hotels and residential developments, positioning the Group as one of Botswana’s leading commercial and retail property players.

The latest report showed that the Botswana portfolio experienced a more difficult trading environment during the year, reflecting broader macroeconomic pressures affecting the domestic economy. Net operating income closed below budget, largely due to softer hospitality sector performance and slower leasing activity in some office buildings. RDC noted however, despite the pressures, several local assets demonstrated resilience. "Standard House is now fully occupied following the Office of the President’s tenancy, while the European Union lease renewal secured 15 years of income visibility denominated in euro. “Retail assets such as Diamond Mall and Broadhurst Business Centre also continued to perform steadily through tenant renewals and rental escalations," said group CEO, Jacopo Pari.

Editor's Comment
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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