Mmegi

RDC eyes more deals in leisure, hospitality

Coming soon: Repair work and a major revamp are ongoing at Chobe Marina which suffered damage in a fire recently PIC: CHOBE MARINA FACEBOOK
Coming soon: Repair work and a major revamp are ongoing at Chobe Marina which suffered damage in a fire recently PIC: CHOBE MARINA FACEBOOK

RDC Properties, the country’s largest listed property investment group, is hunting for partnerships to develop assets in the Okavango Delta, as well as in the Madikwe Game Reserve, as a way of growing its leisure and hospitality presence.

Currently, the bulk of RDC’s P6 billion portfolio consists of retail and office assets. In Botswana, RDC’s most well-known leisure asset is the Chobe Marina Lodge, one of the land market properties along the Chobe riverfront.

In an analyst briefing recently, RDC country manager, Letsweletse Ramokate, said the group was in discussions with partners and communities in both the Delta and Madikwe in South Africa, in order to establish a footprint.

Editor's Comment
DIS must correct costly stalemate

More than P8.1 million has already been spent, yet there appears to be no lasting solution in sight. This is not simply a dispute between the DIS and a group of officers. It is a matter of public accountability. Every pula spent by government comes from taxpayers who expect public funds to be used wisely and responsibly, especially during economic hardships faced by many.The officers exercised their constitutional right to seek justice through...

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