Cash buyers drive property market

CBZ Holdings CEO Lawrence Nyazema

MORE than 80 percent of property transactions in Zimbabwe were conducted in cash during the first quarter of 2026, underscoring constrained mortgage availability, First Mutual Wealth (FMW) has said. Mortgage availability in Zimbabwe remains limited, largely catering to formally employed individuals and the diaspora. Lenders continue to favour US dollar-denominated loans over local currency facilities…

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