Foreign syndicates buying up land
Land purchasing by foreign syndicates operating in the country has raised concern of a possible reversal of government citizen empowerment schemes as more Batswana give in to the huge offers of money.
A highly placed source at government enclave revealed that Chinese, Indians, Nigerians and Zimbabweans are busy buying residential, commercial and even ploughing fields from Batswana who are enticed by the huge sums of money offered.
They later sell the plots for hefty sums making a killing in profits after they have made some developments, the source said.
The source revealed that targeted places are Gaborone and surrounding areas such as Tlokweng, Mogoditshane, Gabane and Metsimotlhabe.
The syndicates involve lawyers who are involved in [continue reading]