Government sits on 40% of occupancy in MPICO’s properties; Accumulating K3.8 billion in rental arrears
Jiya making her presentation at the AGM * The defaulting on arrears were impacting the cash flows, competitiveness and cost of maintenance * The government has since committed to settle K3.1 billion after a legal redress By Steven Mkweteza, Correspondent MPICO’s Plc, the country’s leading real estate and properties managing portfolio, says it has now put in place a number of segment-based strategies aimed at diversifying sources of revenues to increase profitability. This is to ensure that government does…









