BHC bids to hike rentals

No Image

The Botswana Housing Corporation(BHC)is fighting hard to have rentals hiked either by end of this year or at the beginning of 2008.

BHC corporate communications manager Mookodi Seisa confirmed in Gaborone yesterday that they are holding discussions with stakeholders on reviewing the rentals that were last reviewed three years ago.  He would not reveal by what percentage the hike is likely to be or when it would be effected, but stated that "BHC houses are way below the market prices".  He said this discourages people from buying houses and is the main reason why some tenants have engaged in sub-letting their homes to make a profit. 

"Even two-and-a-half roomed houses in Gaborone are more expensive than a BHC three-bed roomed low-cost house that has most facilities such as water and electricity," he said.  

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

Have a Story? Send Us a tip
arrow up