Turnstar to capitalise on lucrative Tanzanian market

Gulaam Abdoola, Turnstar managing director stated that the Tanzania property market is lucrative with good returns. "Return on investment in the Tanzanian property market is 100% higher than locally," Abdoola said at the presentation of the company's interim results in Gaborone. 

He stated that they intend to grow their office component in Tanzania in order to capitalise on the huge demand there. "Currently our properties in Tanzania are 100% let, and we cannot ignore the demand that is there, coupled with high returns," he said, urging Batswana to take opportunities in the African market.