Zambezi Motors triumphs in property lease dispute

The tender involved the provision of between 9,000 to 11,000m2 of office accommodation complete with a car parking lot for about 400 vehicles for the Office of the Accountant General in the Ministry of Finance and Economic Development in Gaborone.

Varsha Enterprises, a company owned by property mogul Sayed Jamali, and Zambezi Motors, an estate company, owned by businessman Ishmael Nshakazhogwe, were the only companies that bid for the tender. However, it turned out that Varsha Enterprises had 10,957m2 of office space, while Zambezi Motors had only 8,290.90m2 office space and 1,776.30 retail space.