Thursday, 20 October 2016 14:29

Calgro M3 upbeat as revenue up

Calgro M3, which develops affordable housing with the government, sees group revenue rise 25.7% to R720m in the interim period to August.

Delays in opening new outlets in Zambia and Tanzania will not hold back Botswana’s grocer Choppies from achieving its 2016 growth target of operating 200 stores.

Hybrid property developer and construction company Calgro M3, now bigger than Aveng, continues to shine in an industry few investors are willing to bet their money on.

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