Botswana Property Market

Choppies Enterprises has announced plans of exiting the South African market, a few years after expanding into the country

Botswana-based grocery retailer to exit SA market

With South Africa’s economic showdown taking its toll on commercial property and mall owners, Botswana's budget retailer Choppies Enterprises has announced plans of exiting the South African market, a few years after expanding into the country ... Full story

Sub-Saharan Africa continues to make advances in real estate transparency, but progress has been patchy with limited development in regulatory and legal reforms and enforcement, says Craig Hean.

Sub-Saharan Africa advances in real estate transparency ranking

Sub-Saharan Africa (SSA) continues to make advances in real estate transparency despite other countries in the region requiring greatest attention. ... Full story

Choppies, which acquired its secondary listing on the JSE in May, was due to expand in Zambia and Tanzania by the middle of this year but said this had been delayed by a few months.

Choppies pursues targets in spite of opening delays

Delays in opening new outlets in Zambia and Tanzania this year will not hold back Botswana’s largest grocer Choppies from achieving its 2016 growth target of operating 200 stores across sub-Saharan Africa. ... Full story

Speakers at the annual Africa Property Investment Summit in Johannesburg suggested that concerns about lower commodity prices, China’s slowdown and the currency turbulence in many of the continent’s key economies have not seriously dented long-term plans

Urbanisation and infrastructure development bode well for Africa's property market

Africa's long-term property prospects remain bright, fueled by rapid urbanization, mass transit and transport development and a growing ageing population. ... Full story

Botswana's investment property sector delivered an ungeared total return of 11.5% in 2014 - down from 21.5% in 2013.

Returns on Property in Botswana decline

Africa Property News has learnt that Botswana's fixed property market appears to be weakening, with the latest data from New York Stock Exchange-listed MSCI Incorporated, showing that capital valuations have softened. ... Full story

Pretoria Portland Cement (PPC) points out that it has successfully secured non-recourse project finance of over $400 million for its expansion projects, most of which are located throughout Africa.

Cement Maker determined in expanding into fast-growing Africa

South Africa's Cement giant Pretoria Portland Cement (PPC) seems to be determined to aggressively expand into fast-growing Africa. ... Full story

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Big sub-Saharan African economies to get potent lift this year

Sub-Saharan Africa’s biggest economies will benefit from a global upswing this year - as long as the U.S.-China tariff dispute does not disturb improving global trade flows, a Reuters poll ... Full story

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