Turnstar holdings reports growth in 2025 interim results despite market pressures

Oluwatosin Racheal Alabi -
Key Points
  • Turnstar Holdings Limited (TURNST.bw), listed on the Botswana Stock Exchange, released its 2025 interim results, showcasing resilience despite market challenges.
  • Over the past year, Turnstar’s trading liquidity reached approximately $5.89 million (BWP79.76 million), with a monthly average of $497,349.17 (BWP6.65 million).
  • Known for properties such as Game City Mall in Gaborone and Mlimani City in Tanzania, Turnstar Holdings has a diverse portfolio that includes financial consulting and corporate advisory services.

Botswana’s largest investment and real estate company listed on the BSE Equities, Turnstar Holdings Limited (TURNST.bw), has provided the market with its 2025 interim year results for the first half for the year ended Dec. 31, reflecting on steady growth despite the existing harsh trading environment. The report expounds more on Turnstar’s resistance and its capability of providing reliable revenues through investment and other related services.

The share trading liquidity of Turnstar indicated strong performance over the last one year to October 2024 at about $5.89 million (BWP 79.76 million). The average monthly trading was approximately $497,349.17 (BWP6,650,549), which demonstrated that investors persevered their confidence in the firm’s business strategy and its authorized functioning at both the operating markets – Botswana and Tanzania.

Trading liquidity and real estate portfolio increase company’s growth

As a cognate, Turnstar’s real estate portfolio remain an important factor and the company’s income driver with flagship properties and estates such as the Game City Shopping Mall in Gaborone, Nzano Shopping Centre in Francistown and the Mlimani City in Tanzania. These traffic generating commercial developments have remained tenanted by a wide tenant mix and sustained healthy rental receipts to provide more surety for Turnstar to consolidate its position as market leader in the regional retail and commercial warehouse space.

Besides property development, Turnstar has ventured in financial service industry offering services in capital markets, advisory services and corporate finance. This diversification enhances the firm’s portfolio of services as an investment house and a consultant in various sectors.

Hence as Turnstar seeks growth in line with its strategic direction it is expected that the interim 2025 results show that the group is set to expand and unlock further asset value in Botswana and east Africa. The above financial resilience recomposes Turnstar Holdings ‘position as an important player where investments are concerned.