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Property

‘Construction sector to grow’

The announcement, made by Finance Minister Tendai Biti during a presentation of the 2012 National Budget, reignited hope for an industry that suffered immense decline during the hyperinflationary period that ended in 2009. The Financial Gazette's Property Correspondent, Paul Nyakazeya (PN) this week spoke to the immediate past…

GM means business

After all, the company was in receivership in its home land as recently as June 1, 2009 when it applied for United States government bankruptcy assistance.Since then, there has been a remarkable turnaround, Opel operations excepted. This company's continued woes are surprising as the new Meriva and the…

ZPI evicts tenants

Giving an update at the company's annual general meeting on Friday last week, ZPI managing director Edson Muvingi said the evicted tenants had failed to realise that they needed to change their models if they were to survive in a US dollar economy."They (tenants) were evicted through the…

Cresta in US$6 million revamp

Money for the project was sourced locally from BancABC and construction is expected to commence by the end of this month. A South African company, Chattels, assisted by a local constructor, ZICON, have been awarded the contract for the new conference facility development. Tower Construction have been awarded…

Great value from Great Wall Motors H5

 Some manufacturers, in particular GM and VW, apparently saw it coming before the others and are presently reaping the rewards of their early investments. Behind the wall, so to speak, a host of previously unknown domestic manufacturers started to emerge and the best-known of these is Great Wall…

Zim Motor Show a great success

To say the organisers learned from that venture is an understatement as the 2012 version of the Zimbabwe Motor Show was an unqualified success which the organisers can be justifiably proud of.No fewer than 10 000 spectators thronged through the turnstiles at Old Georgians were rewarded with a…