PrimeTime Looking To Expand Portfolio In SA

Sandy Kelly PIC: PHATSIMO KAPENG
Sandy Kelly PIC: PHATSIMO KAPENG

PrimeTime, the Botswana Stock Exchange listed property group, is looking to leverage on achievement of existing investment portfolios in South Africa by acquiring new properties in that market.

The move will be an addition to the already existing acquisitions they had made in South Africa, which include an R85 million mixed-use property in Brynston and a R50 million logistics warehouse in Johannesburg.

This was revealed by PrimeTime’s managing director, Sandy Kelly, when commenting on the group’s financial results for the year ended August 31, 2020. In the commentary accompanying the results, Kelly highlighted the group’s plans to increase its assets in the neighbouring country in the next six to 12 months.

Editor's Comment
Inspect the voters' roll!

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...

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