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Property

ZPI revenue up 53pc

ZPI, a ZSE-listed property concern, achieved a US$1,1 million profit after tax in June compared to US$318 000 recorded during the same period last year on the back of adjustment in retail rentals and property disposals. "The company's market cap grew to US$22,3 million, from US$9,4 million comparatively. Retail…

Chev Orlando: More space for your money

 Chevrolet is the latest manufacturer to enter the fray with the 7-seat Orlando, which despite its name hails not from Florida but from GM's increasingly active Korean plant.Space and practicality are the Orlando's strong points but the good news doesn't stop there as it's far from utilitarian. A…

Council issues prohibition orders

Council minutes of the Environ-mental Management Committee show that several properties were being used for commercial purposes instead of residential use in what appeared to be a clear violation of municipal by-laws. The misuse of residential properties has sprouted on the back of increased informal sector activity in…

Dam projects to spur Turnall growth

"The company is expecting a steady and firm growth in demand for its products in the second half of the year, driven by demand in building products, corrugated iron roofing sheets (GCIS), pipes and exports. The growth in GCIS has continued to strengthen in the last two years.…

The diesel conundrum explained

These caveats are invariably by-products of vote-catching government emissions legislation which has seen diesel (and petrol) engines festooned with so-called clean air devices.The latest is the Diesel Particulate Filter (DPF) which is designed to catch nasty soot particles before they ascend into the atmosphere and turn humans into…

Property market sustains Old Mutual

The group's profit for the review period more than doubled to US$821 982 during the review period, from US$353 758 in June last year, driven by growth in fee and net investment incomes. Turnover for the six months was US$2,3 million compared to US$1,2 million during the same…

Evoque creates new class

Land Rover has just done it with its brand new Range Rover Evoque compact SUV. Here is a vehicle that comes ever so near to defying the truism that you can't please all of the people all of the time. Here too is a vehicle that gets awfully…

Govt crafting land Bill

Speaking in the House of Assembly recently, National Housing and Social Amenities Minister Giles Mutsekwa said consultations are already underway to get input on the proposed law.Mutsekwa said this in response to a question fromLovemore Mpukuta, the MP for Gokwe -Mapfungausti."Firstly, in terms of the Land Developers Bill,…

Pearl cluster project to commence October

Sources within the property market said the Zimbabwe Stock Exchange-listed firm had completed civil works on the 4,8 acre property in Kamfinsa, and progress in starting construction of 48 cluster houses was now expected to begin in October.The civil works were done by construction firm, Murray & Roberts.An…

GM capitalises on Chev brand values

As was expounded a couple of weeks ago, and notwithstanding the fact that Monsieur Chevrolet was a French-speaking son of Swit-zerland who got to America via Canada, the brand name Chevrolet to me is/was as American as Detroit itself.Until fairly recently, that is, by which I mean the…