Botswana Housing Corporation (BHC) Market Research Report
Company Overview
- Name: Botswana Housing Corporation (BHC)
- Mission: Developing dignified communities through decent housing solutions.
- Founding Date and Founder: Established by an Act of Parliament (CAP 74.03) in 1971.
- Key People:
- Mr. Nkaelang Matenge, Chief Executive Officer
- Mr. Batanani Nkhumisang, Acting Deputy CEO - Operations
- Ms. Pascaline Sefawe, Deputy CEO - Corporate Services
- Headquarters: Corner Pilane & Queens Roads, Plot 5029, P.O. Box 412, Gaborone, Botswana.
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: BHC is known for providing housing, office, and other building needs for the government and local authorities across Botswana. It serves as the Government’s Single Housing Authority (SiHA) and offers a range of housing and project management services.
Products and Services
Products
- Houses for Sale:
- Offers outright sale of housing units.
- Financing via the Tenant Purchase Scheme (reintroduced) and Step Ownership Scheme.
- Categories: Outright - Conventional Titles, Tenant Purchase Scheme, Step Ownership Scheme, Outright - Sectional Titles.
- Houses for Rent:
- Structures leased to various tenant types such as parastatals, companies, and government.
Product Features
- Diverse Housing Portfolio:
- Property types include townhouses, medium and low-cost houses, flats, and high-cost houses.
- Provides around 25,336 housing units, comprising different categories suitable for various income levels.
Services
- Maintenance and Consultancy Services:
- Architecture, Civil and Structural Services, Quantity Surveying, Building Inspectorate services.
- Project management services for third parties including governmental organizations.
Recent Developments
- New Projects:
- Construction of 14 housing units in Nata village in the Tutume District.
- Developing 13 housing units in Tsabong as part of a broader accommodation alleviation strategy.
- Corporate Initiatives:
- Launched an innovation initiative aimed at fostering a culture of creativity and collaboration within the workplace.
- Partnerships:
- Engaged with Letlhakeng District Development Committee and Letlhakeng as a newly established District Council to address housing needs.
- Cooperation with the Department of Housing from Lesotho to explore social housing options.
Summary of Recent News
1. Alleviating Accommodation Shortages:
- BHC handed over housing units to Kgalagadi Land Board, including plans for additional housing units nearing completion in the same area.
2. Staff Innovation Initiative:
- Launched at the Business Botswana Northern Trade Fair to cultivate innovation, collaboration, and problem-solving within the corporation.
3. Engagements with Regional Development Committees:
- Interaction with district councils like Letlhakeng to offer partnership in addressing accommodation shortages and explore further housing development opportunities.
Conclusion
The Botswana Housing Corporation (BHC) plays a pivotal role in the housing sector in Botswana by providing essential housing solutions to both individuals and organizations while striving to empower local communities through innovative initiatives and extensive engagement with regional partners.