RDC banks on Masa Centre for growth

Masa Centre
Masa Centre

The Botswana Stock Exchange (BSE) listed property company, RDC Properties is confident that the effect of the upmarket Masa Centre and new developments will underpin the growth of the group in the next few years.

According to the group’s executive chairman Guido Giachetti, Masa Centre continues to perform well and the revenue has increased by 12 percent to P18.4 million in the first six months of the year compared to P16.5 million in 2014.

“This is due to rental escalations, the growth of the Lansmore Masa Square Hotel turnover rental and reduced vacancies at the Centre,” he said.

Editor's Comment
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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