Rent hikes help triple BHC’s profits
Friday, December 17, 2021 | 970 Views |
The BHC posted pretax profits of P23.2 million, with rental adjustments made earlier in the year boosting rental income from P17 million to P121 million.
Earlier this year, the corporation increased its rentals in a move it said was aimed at meeting the market rates. When complete, the phased revision, which started in April, will see a low cost, which ranged at about P537 in rental, go up to P2,050 per month, a medium cost from P1,330 to P3,700 per month, high cost from P2,162 to P5,020 per month, town houses from P1,886 to P5,020 and flats from P1,238 to P3,500.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...