Airport Junction weathers market saturation

Bale (centre) at the 4th anniversary celebrations of Airport Junction Mall
Bale (centre) at the 4th anniversary celebrations of Airport Junction Mall

Airport Junction mall developers, Khumo Property Asset Management say despite a seemingly saturated market, the shopping centre had not only managed to retain tenants, but also expanded since its inception four years ago.

The last few years have not been easy for the shopping mall, which is Botswana’s second largest by size.

A sluggish economy, increased competition from Game City and other centres, all contributed to the mall’s instability in its early years.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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