Property returns good in 2013
Friday, December 20, 2013
Big property companies have set eyes on the African market, where returns are good. Turnstar Holdings Limited is making it big in Tanzania while PrimeTime is targeting Zambia, as it expands into Africa.
The IPD reports that property investment has remained the only investment choice with significant inflation beating returns buoyed mostly by the retail and residential sectors, which recorded returns as high as 16.6 percent and 24.4 percent respectively in the year 2012.
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...