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Tanzania lays Turnstar's golden egg

Friday, July 11, 2025 | 330 Views |

Shining star: The Mlimani asset is proving a revenue spinner for Turnstar

Botswana’s largest listed property company, Turnstar Holdings, has posted strong results, doubling down on its Tanzania assets for growth.

The Dar es Salaam property, now firmly established as Turnstar’s largest revenue contributor, not only boosted the group’s profits but also reaffirmed the east African country’s role as the cornerstone of Turnstar’s future growth strategy.

In its recently published annual report, the company credited Mlimani City as the key stabiliser for the group’s earnings, noting that its performance continues to mitigate country-specific economic pressures.

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Tanzania lays Turnstar's golden egg

Botswana’s largest listed property company, Turnstar Holdings, has posted strong results, doubling down on its Tanzania assets for growth.

Gov't moves to close tax gaps

Chief judge promises fairness at tomorrow's Miss Botswana finale

High pressure mounts on fuel prices

We respect AFCON final decision – Babitseng

Court blow rocks BPF leadership

BPF moves to rebuild unity-Lucas

‘Reatile, Ookeditse deal was gentleman’s agreement’

Branch fires early warning shot as Portugal fuels title push

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