Namibian port project taking shape: RMS
STATE-OWNED logistics firm Road Motor Services (RMS) says its dry land port project at Walvis Bay in Namibia is now 70% complete, four years after work began on it. RMS,… Read more »
Category: Property
Victoria Falls residents block labour imports from Harare
THERE was chaos in Victoria Falls on Monday night when residents opposed the employment of 29 people who had been bused by a construction company from Harare. Masimba Construction Company… Read more »
Buyanga blacklisted from property dealings, court hears
Businessman Frank Buyanga has been banned from making property transfers in Zimbabwe by the Attorney-General’s office after several complaints of people losing their properties surrendered as surety for loans, the… Read more »
Government urged to prioritise local contractors
The construction sector has urged government to engage local contractors in its major construction projects to avoid the drainage of foreign currency through foreign tenders, according to Zimbabwe Building Contractors… Read more »
Property sales boost Fidelity Life earnings
ZIMBABWE Stock Exchange-listed Fidelity Life Assurance (Fidelity Life) has reported an improvement in group earnings, driven by gross premiums written (GPW) and property sales, but expressed concerns with a tiered… Read more »
Masimba foretells infrastructure boom, strong earnings
Masimba Holdings, a Zimbabwe Stock Exchange-listed contracting company, expects Zimbabwe’s infrastructure sector to recover strongly in the outlook and drive its contracting business. CEO Canada Malunga, who briefed analysts on… Read more »
Old Mutual opens shop in Mutare
Integrated financial services firm, Old Mutual Zimbabwe, has opened a new one-stop-shop branch offering their main financial and banking services under their Green-zone branded shop concept as well as the… Read more »
Bank spends $20 million on residential projects
The Infrastructure Development Bank of Zimbabwe (IDBZ) has spent $20 million in six months to June 30, 2018, on residential projects in Kariba and Hwange. Of the total amount, $14,8… Read more »
Pumula South residential stands sold out: Old Mutual
Diversified financial services group, Old Mutual Zimbabwe has sold out residential stands under Phase 1 of its Pumula South project. In Bulawayo, the Old Mutual Zimbabwe group was developing 1… Read more »
Construction sector set for rebirth
VETERAN construction industry player and Murehwa North Constituency House of Assembly member-elect Daniel Garwe (ZANU-PF), says he will push for the recognition of the construction sector, particularly local players, during… Read more »