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Botswana-based grocery retailer to exit SA market

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 The company, whose stock is currently suspended from trading on its primary bourse in Botswana as well as on […]

Kenya’s office supply glut gives Tenants upper hand

Kenya’s office supply glut gives Tenants upper hand

Office building owners in Nairobi are offering favorable leases to Tenants, thanks to a significant amount of stock and upcoming developments. The rising supply of new offices is giving tenants an upper hand in lease negotiations, while forcing landlords to slash or maintain rents in order to become more competitive and attract occupants. Despite variable […]