{"id":12717,"date":"2022-04-09T09:38:58","date_gmt":"2022-04-09T09:38:58","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/affordable-housing-for-basotho-4"},"modified":"2022-04-09T10:45:19","modified_gmt":"2022-04-09T10:45:19","slug":"affordable-housing-for-basotho-4","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/affordable-housing-for-basotho-4","title":{"rendered":"Affordable housing for Basotho"},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>A multinational construction company, RGS through its subsidiary company, Rags Building Solutions (RBS) Construction Ls will venture into a huge building<\/p>\n

project where 90 000 affordable houses will be constructed for Basotho across the entire country before the end of this year. The company is known for specialty in eco-friendly property development across<\/p>\n

Africa for various types of buildings and homes. Its houses are build using new innovative methods and green technology systems that support green living.<\/p>\n

As revealed by the RBS Construction Ls Marketing and Sales Manager Pakazitha Mokenela, the construction company started operating 5 years back in South<\/p>\n

Africa (SA) Cape-Town where it pioneered the green technology innovation, being the first company in the whole African continent to adopt this technology.<\/p>\n

Mokenela said the project will kick-start before the end of November and the houses will be fully installed with solar panels, borehole systems, 2 500 litres JoJo tanks<\/p>\n

and a bio-gas facility technology. He said they will start building in Maseru district. \u201cBasotho constructors also stand a chance to partake in the project by sending through<\/p>\n

their profiles,\u201d he said. He further said the system is not familiar to Basotho and the intention is to engage them into the project so that their engineers<\/p>\n

can impart their skills to them. He clarified that it is going to take about two weeks to build a house as they use slabs instead of bricks for construction.<\/p>\n

Mokenela said the project is targeted at low income earners. \u201cWe want people to move from rental houses to owning a house from a very affordable price,\u201d he stated.<\/p>\n

He emphasized that their houses will be fully insured and incases of owner\u2019s death, the next of kin will be entitled to proceed with the payments. He said the<\/p>\n

estimated time for full payments is 10 to 15 years and payment methods are flexible to one\u2019s preference. He said they work closely with the four commercial banks in Lesotho, Standard Lesotho Bank (SLB), Nedbank, First<\/p>\n

National Bank (FNB) and Lesotho Post Bank (LPB) to assist Basotho with payments. The houses are estimated to last for 150 years owing to the quality of materials utilized<\/p>\n

in the construction. \u201cThey can handle climate change and are sound proved,\u201d Mokenela charged. He said their vision is to create sustainable communities that will be efficient and self-sustainable. The initiative is also in partnership with the Government of Lesotho and Lesotho Housing.<\/p>\n

For More News And Analysis About Lesotho<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. A multinational construction company, RGS through its subsidiary company, Rags Building Solutions (RBS) Construction Ls will venture into a huge building project where 90 000 affordable houses will be constructed for Basotho across the entire country before the end of this year. The company is known for specialty in eco-friendly property development […]<\/p>\n","protected":false},"author":84,"featured_media":12716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,246,343,245],"class_list":["post-12717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-lesotho","tag-basotho","tag-lesotho"],"yoast_head":"\nAffordable housing for Basotho - Lesotho<\/title>\n<meta name=\"description\" content=\"A multinational construction company, RGS through its subsidiary company, Rags Building Solutions (RBS) Construction Ls ...\" \/>\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\/lesotho\/all-news\/affordable-housing-for-basotho-4\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Affordable housing for Basotho\" \/>\n<meta property=\"og:description\" content=\"A multinational construction company, RGS through its subsidiary company, Rags Building Solutions (RBS) Construction Ls ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/affordable-housing-for-basotho-4\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-09T09:38:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-09T10:45:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/04\/img-625163a5104c2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"538\" \/>\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\/lesotho\/all-news\/affordable-housing-for-basotho-4#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/affordable-housing-for-basotho-4\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Affordable housing for Basotho\",\"datePublished\":\"2022-04-09T09:38:58+00:00\",\"dateModified\":\"2022-04-09T10:45:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/affordable-housing-for-basotho-4\"},\"wordCount\":413,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/affordable-housing-for-basotho-4#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/04\/img-625163a5104c2.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"Basotho\",\"Lesotho\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/affordable-housing-for-basotho-4#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/affordable-housing-for-basotho-4\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/affordable-housing-for-basotho-4\",\"name\":\"Affordable housing for Basotho - 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