SUZUKI Auto SA is on something of a high at present having steadily increased its market penetration in South Africa despite being a tad tardy in offering turbocharged engines which are of particular appeal to those gasping for air in the higher reqches of Mzansi. (more…)
THE property market remained depressed in the first quarter of 2018 due to a subdued economy, with rental income suffering a knock as voids increased during the period, a report by Old Mutual Securities (OMSEC) said. (more…)
PROPERTY concern, First Mutual Property (FMP), expects a turn in fortunes under President Emmerson Mnangagwa’s government as it seeks to stem a decline in revenue due to increasing voids during the full year to December 31, 2017. (more…)
THE Real Estate Institute of Zimbabwe (REIZ) says it is concerned about the huge variations in valuation by its members on properties, a situation that raises questions about ethics and professionalism in the sector. (more…)
ZIMBABWE’S banking sector is projected to fund 11 611 new housing units valued at $365,6 million by December 31, 2018, the Reserve Bank of Zimbabwe (RBZ) has said. (more…)
By Farai Mabeza RESERVE Bank of Zimbabwe governor John Mangudya has warned against making offshore payments for immovable properties sold in Zimbabwe. (more…)
THE High Court has reversed the attachment of an upmarket Harare property after the wife of the debtor, who is the co-owner of the house, challenged the process on the basis that her own share had been unlawfully included in the attachment. (more…)
THE UK Department of International Development (DFID) on Friday announced a £21.5 million grant to the Zimbabwe Resilience Building Fund (ZRBF), which seeks to contribute to increased capacities of vulnerable rural communities to withstand shocks and stresses, ultimately leading to a reduced need for humanitarian responses and an…
THE High Court has absolved leading real estate firm, Guest & Tanner Real Estate, of negligence in a case in which a Harare woman lost $47 000 in a fraudulent property sale. (more…)