{"id":54957,"date":"2024-09-10T19:11:57","date_gmt":"2024-09-10T19:11:57","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/?p=54957"},"modified":"2024-09-10T18:49:48","modified_gmt":"2024-09-10T18:49:48","slug":"govt-optimistic-about-prs-trust-investment","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment","title":{"rendered":"Govt Optimistic about PRS Trust Investment"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Botswana. <\/strong><\/span><b>Government is optimistic that PRS Family Trust, a company of investors from Germany with keen interest in the hospitality, tourism and mineral space, will expand its investments in Botswana.<\/b><\/p>\n<p>Company founders and operators, Mr Rainer Schorr and Ms Petra Schorr paid a courtesy call on President Dr Mokgweetsi Masisi at the Office of the President yesterday. The President expressed eagerness for the company to expedite its investment initiatives in the country.<\/p>\n<p>\u201cWe are looking for credible investment partners, and we appreciate the substantial contributions you have already made,\u201d said President Masisi.<\/p>\n<p>Dr Masisi also outlined a new strategy to revamp the country\u2019s investment approach, underscoring Botswana\u2019s stability and democratic principles as key factors in attracting global investors.<\/p>\n<p>He said the country was refining its skills and advancing technology to position itself as a prime destination for investment.<\/p>\n<p>Giving an overview of PRS Family Trust, Mr Schorr said the company specialised in private equity, asset management, and international investments.<\/p>\n<p>He noted the company\u2019s diverse real estate portfolio across Europe, including its headquarters in Berlin and operations in the United Arab Emirates, with Botswana representing its latest venture.<\/p>\n<p>Mr Schorr said the company began its investments in Botswana two years ago, and was currentlty upscaling the local tourism and hospitality sector through the construction of the five-star hotel and game park in Tuli Block, expected to be completed by the end of the year.<\/p>\n<p>Additionally, Mr Schorr revealed that the company had been in discussions with other potential investors interested in establishing green energy production in Botswana. He pointed out that Gaborone currently lacked world-class hospitality infrastructure, stressing the need for quality accommodation and conference facilities, including a five-star hotel.<\/p>\n<p>The company has acquired Lotsane Farm near Moletemane within the SPEDU region and transformed it from cattle farm into a high end tourism and hospitality facility.<\/p>\n<p>The investments on the farm so far include a renovated Lotsane Limpopo Luxury River Lodge which has 14 rooms and a luxury tented camp.<\/p>\n<p>Total investment to date is P500 million with 90 people engaged in construction and 50 permanent employees mainly sourced from the surrounding villages of Moletemane and Tsetsebye.<\/p>\n<p><strong>For More News And Analysis About Botswana Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Botswana. Government is optimistic that PRS Family Trust, a company of investors from Germany with keen interest in the hospitality, tourism and mineral space, will expand its investments in Botswana. Company founders and operators, Mr Rainer Schorr and Ms Petra Schorr paid a courtesy call on President Dr Mokgweetsi Masisi at the Office [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":54956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[234],"class_list":["post-54957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-botswana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Govt Optimistic about PRS Trust Investment - Botswana<\/title>\n<meta name=\"description\" content=\"Government is optimistic that PRS Family Trust, a company of investors from Germany with keen interest in the hospita ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt Optimistic about PRS Trust Investment\" \/>\n<meta property=\"og:description\" content=\"Government is optimistic that PRS Family Trust, a company of investors from Germany with keen interest in the hospita ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-10T19:11:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/09\/sm_1725981545.767491.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Govt Optimistic about PRS Trust Investment\",\"datePublished\":\"2024-09-10T19:11:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment\"},\"wordCount\":373,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/09\/sm_1725981545.767491.jpg\",\"keywords\":[\"Botswana\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment\",\"name\":\"Govt Optimistic about PRS Trust Investment - Botswana\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/09\/sm_1725981545.767491.jpg\",\"datePublished\":\"2024-09-10T19:11:57+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Government is optimistic that PRS Family Trust, a company of investors from Germany with keen interest in the hospita ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/09\/sm_1725981545.767491.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/09\/sm_1725981545.767491.jpg\",\"width\":1200,\"height\":800,\"caption\":\"Govt Optimistic about PRS Trust Investment\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/botswana\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Govt Optimistic about PRS Trust Investment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#website\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/\",\"name\":\"Botswana\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/botswana\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Govt Optimistic about PRS Trust Investment - Botswana","description":"Government is optimistic that PRS Family Trust, a company of investors from Germany with keen interest in the hospita ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment","og_locale":"en_US","og_type":"article","og_title":"Govt Optimistic about PRS Trust Investment","og_description":"Government is optimistic that PRS Family Trust, a company of investors from Germany with keen interest in the hospita ...","og_url":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment","og_site_name":"Botswana","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2024-09-10T19:11:57+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/09\/sm_1725981545.767491.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Govt Optimistic about PRS Trust Investment","datePublished":"2024-09-10T19:11:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment"},"wordCount":373,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/09\/sm_1725981545.767491.jpg","keywords":["Botswana"],"articleSection":["all news","head lines","policy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment","url":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment","name":"Govt Optimistic about PRS Trust Investment - Botswana","isPartOf":{"@id":"https:\/\/www.africa-press.net\/botswana\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/09\/sm_1725981545.767491.jpg","datePublished":"2024-09-10T19:11:57+00:00","author":{"@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Government is optimistic that PRS Family Trust, a company of investors from Germany with keen interest in the hospita ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#primaryimage","url":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/09\/sm_1725981545.767491.jpg","contentUrl":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/09\/sm_1725981545.767491.jpg","width":1200,"height":800,"caption":"Govt Optimistic about PRS Trust Investment"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/govt-optimistic-about-prs-trust-investment#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/botswana\/"},{"@type":"ListItem","position":2,"name":"Govt Optimistic about PRS Trust Investment"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/botswana\/#website","url":"https:\/\/www.africa-press.net\/botswana\/","name":"Botswana","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/botswana\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/posts\/54957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/comments?post=54957"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/posts\/54957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/media\/54956"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/media?parent=54957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/categories?post=54957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/tags?post=54957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}