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ZB sees spike in mortgage lending

THE pool of funds channelled by financial institutions towards mortgage lending will rise in 2014, as banks and building societies respond to measures announced by Finance Minister, Patrick Chinamasa in the 2014 National Budget, a leading financial institution has said. (more…)

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January 9, 2014

Property

ASL in détente with landlord

HOSPITALITY group, AFRICAN Sun Limited (ASL), has agreed a détente with its landlord, Dawn Properties Limited (DPL), ending a protracted dispute that once spilled into the Courts as DPL fought to terminate its lease agreement with ASL. (more…)

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December 19, 2013

Property

Govt to rehabilitate infrastructure

GOVERNMENT says it is committed to the rehabilitation of public infrastructure which has restricted economic growth. (more…)

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December 12, 2013

Property

Capital constraints hit property market

Zimbabwe’s property market is still dogged by funding constraints, four years since the country adopted a hard currency regime to escape a domestic currency that had come under sustained assault from hyperinflation, a market player has warned. (more…)

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December 12, 2013

Property

Masimba’s dividend sparks debate

LISTED industrial construction company, Masimba Holdings has declared a dividend for the year ended June 30, 2013 despite the fact that its cash flow statement is telling a different story. (more…)

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October 3, 2013

Property

ZPI forecasts flat outlook

ZIMRE Property Investment Limited (ZPI) says there will be no major activities on the property market during the remainder of the year as the policy announcement spelt out during the third quarter of the year could fully materialise next year. (more…)

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September 26, 2013

Property

Govt battles to fund housing

Govt has chanelled a paltry US$7.7 million into housing and other national construction projects out of the US$66,1 million tabled in November last year by outgoing Finance Minister, Tendai Biti in his 2013 National Budget. (more…)

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August 8, 2013

Property

BCC to unveil residential stands

BULAWAYO — The Bulawayo City Council (BCC) will next month unveil over 2 000 residential stands in four different suburbs of the country’s second largest city. (more…)

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July 30, 2013

Property

Dawn bullish as tourism outlook improves

ZIMBABWE Stock Exchange-listed property counter, Dawn Properties Limited, which last week reported an 11 percent jump in turnover to US$5,7 million during the year to March 31, 2013, from US$5,4 million during the prior comparative period in 2012, says prospects for growth have been brightened by an upsurge…

July 10, 2013

Property

City library gets facelift

THE City of Harare has embarked on the refurbishment of its main library in the central business district. (more…)

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June 27, 2013

Tuesday, 24 December 2024

Property