FCCS to go into property business

FRANCISTOWN: Plans are at an advanced stage for the FrancistownConsumers Cooperative Society (FCCS) to venture into property business, says Smarts Shabani, the society's Chairperson.

Smarts, also the National Chairperson of Botswana Cooperatives Society.(BOCA), said they have already paid P100,000 to Francistown City Council for their plan to be approved. He said after city authorities approve their plan they will demolish their old building in the Central Business District (CBD) and construct a new structure that will be leased out to tenants for office space. Shabani said they will ask for funding to construct the new building from various financial institutions.

He added: "We will need between P4 and P5 million to construct the new building."He said currently Chinese traders who sell various products to the public rent their old building, which is a structure situated on a piece of land measuring 675 square metres. He said they will build a flat in order to accommodate many clients at the new building.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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