the monitor

RDC Properties eyes control over Zambian lodge

Guido Giachetti
Guido Giachetti

To constantly diversify its portfolio, RDC Properties is currently eyeing the acquisition of substantial control over David Livingstone Safari Lodge and Spa.

Strategically located on the Zambian side of the Victoria Falls the hotel includes 77 rooms, a spa, and a conference centre.

Commenting on the group’s 2021 annual report, the group’s executive chair, Guido Giachetti said RDC is concluding various agreements; following which, it should be able to acquire.

Editor's Comment
Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

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