Coops Join Hands To Invest In Property

Four cooperatives have invested in the residential property market
Four cooperatives have invested in the residential property market

SELEBI-PHIKWE: Four cooperative societies have joined forces to buy land near Phakalane in Gaborone for development of a multi-residential property in a bid to diversify and move away from being consumer-orientated.

The four are Selebi-Phikwe, Bobonong, Motswedi and Ditswammung, cooperative societies. The latter two are        from Gaborone,

Botswana Cooperatives Association vice chairperson Tebogo Venson said during an interview that they jointly acquired a P4 million plot to build residential houses for rental. “It is a multi-million pula project. It consists of 52 plots valued at P30 million. The project would undoubtedly improve profits for our members,” he said.

Editor's Comment
Be careful on the road this festive season

Over the past weekend in Greater Gaborone, four people tragically lost their lives in separate accidents, a stark reminder of how vulnerable we are on the roads, especially during this busy time of year.The accidents, which claimed the lives of three pedestrians and one driver, paint a grim picture of the dangers faced by everyone on the road, not just motorists but also pedestrians. In one case, a young man was fatally struck by a truck whilst...

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