BHC Rewards Customers – Extends The Sitting Tenants Campaign

The Botswana Housing Corporation (BHC) successfully hosted its fourth and final quarter draws for the ‘Sitting Tenants Campaign’ on the 9th of May in Selebi-Phikwe, following draws conducted in Francistown, Gaborone and Lobatse throughout the year.

For the fourth quarter draw the BHC prizes of P5, 000 and P 10, 000 went to Kamogelo Tamokate and Wanano Lumbile respectively. Dennson Gwafila was the biggest winner, scooping the P40, 000 grand prize for the year.

Waboraro Brie Mhaladi and Gaone Megale walked away with prizes worth P15, 000 and P5, 000 respectively from First National Bank (FNB) as a reward for purchasing their houses through the bank

The event landed an opportunity for customers to meet with various local financial institutions, which had partnered with the Corporation through provision of financial assistance to tenants willing to purchase their rented houses, and merchant partners who provided building materials and other products for the renovation of the houses after purchase. 

Speaking at the event the Deputy Mayor of Selibe-Phikwe, Mr. Pilane Molefi encouraged the audience that graced the occasion to invest in property as it increases in value with time instead of spending money on projects that depreciate with time. According to Molefi, acquiring property earns one dignity and gives one a sense of belonging. “I urge you to take advantage of BHC low prices to help transform your lives and to secure the future of generations to follow as property appreciates with time.” 

For his part, BHC C.E.O. Mr. Reginald Motswaiso said the platform provides the opportunity for tenants to gain valuable knowledge and advice about the importance of investing in property. “This project encourages tenants who have been occupying BHC houses for years to have full ownership of the houses”, he said.

According to Motswaiso, owning a plot can help one acquire more as one could use the house as security to release equity and invest in other projects.Also speaking at the event the Senior Estates Manager –North, Mr. Olefile Segokgo noted that it’s crucial to own real estate as it is one of the basic needs and it dignifies lives of an individual. 

The BHC CEO announced the extension of the campaign by another year up to March 2016 and encouraged tenants to take full advantage of the offer and purchase their leased houses.