BUSINESS NEWS

Homelink unveils 68 low-cost houses

Reserve Bank of Zimbabwe Deputy Governor Dr Kupukile Mlambo last week commissioned 68 of 329 low-cost houses that were built by Homelink Finance in Brockdale, Bindura, for low-income earners. Dr Mlamb...

By Staff reporter | Published: 28 November 2018

TRANSPORT & TOURISM

Zupco wants govt to warehouse $16,1m debt

The Zimbabwe United Passenger Company (Zupco) is saddled with a $16,1 million debt and now wants government to warehouse it so that it can work on a turnaround strategy for the bus operator now runnin...

By Staff reporter | Published: 21 November 2018

BUSINESS NEWS

Irate residents to dump garbage at Town House

Irate Harare residents have threatened to dump putrid refuse bags at municipal offices around the city to protest delayed rubbish collection over a period of a few weeks.Residents are threatening to t...

By Staff reporter | Published: 11 July 2018

INDUSTRIALS & ENERGY

$25m pharmaceutical warehouse project stalled

THE construction of a $25 million state-of-the-art national pharmaceutical warehouse funded by China has hit another snag after the government shifted goal posts yet again.Beijing and Harare signed an...

By Staff reporter | Published: 06 July 2018

BUSINESS NEWS

'Exporters want bonded warehouses'

ZIMTRADE says it has been approached by exporters requesting the export promotion agency to engage relevant authorities to establish bonded warehouses in the country to enhance access to raw materials...

By Staff reporter | Published: 21 June 2018

MINING & RETAIL

'Hwange should give workers houses in lieu of salary arrears'

THE Parliamentary Portfolio Committee on Mines and Energy has recommended that Hwange Colliery and Kamativi Mine give their houses to former and current workers in lieu of salary and pension arrears.T...

By Staff reporter | Published: 15 June 2018

POLITICS

Heads roll at Harvest House

MDC-T faction leader Mr Nelson Chamisa has announced new appointments to some positions in his camp, sidelining those who appear to have opposed his controversial ascendancy. His leadership as MDC-T l...

By Staff reporter | Published: 13 June 2018

POLITICS

Court inspects Kasukuwere's house

Inspection in loco is underway at Saviour Kasukuwere's house at Number 4 Deny's Close Glen Lorne Harare.Several holes are visible which Kasukuwere claims were from rounds fired at his home.113 AK47 sh...

By Staff reporter | Published: 12 June 2018

POLITICS

Violence erupts at Harvest House

MDC-T faction leader Mr Nelson Chamisa's close security yesterday assaulted supporters who had gathered at the opposition party's headquarters, Harvest House, to express their grievances on the manner...

By Staff reporter | Published: 05 June 2018

MINING & RETAIL

Ex-Arcturus Mine workers' stay in houses illegal

TN Securities (Pvt) Limited, which acquired Arcturus Mine from Metallon Corporation, says the former employees still residing at the mine's premises are doing so illegally. The company, led by Harare ...

By Staff reporter | Published: 21 May 2018

POLITICS

Maziwisa abandons Highfield house

OUTGOING Highfield Member of the House of Assembly representative Psychology Maziwisa has lost the war with council over a stand in his constituency.The legislator was controversially allocated the re...

By Staff reporter | Published: 18 May 2018

BUSINESS NEWS

Beitbridge to regulate sizes of houses

THE Beitbridge municipality will invoke regulations governing sizes of houses to be built in ratio to sizes of stands.Most people in Dulivhadzimo high-density suburb have built houses that almost fill...

By Staff reporter | Published: 10 May 2018

MINING & RETAIL

Hwange mulls selling town, houses

The country's oldest coal mining firm, Hwange Colliery Company Limited (HCCL), is considering selling the town for $300 million as part of efforts to raise funds to off-set its obligations with a numb...

By Staff reporter | Published: 08 May 2018

POLITICS

Zanu-PF pledges 1,5 million houses

Five years after promising to deliver 2,2 million jobs if voted back into power, Zanu-PF is back promising 1,5 million houses in the next five years, if given another mandate in elections expected bet...

By Staff reporter | Published: 06 May 2018

BUSINESS NEWS

Ex-Zimasco workers likely to get houses

Zanu-PF Central Committee member Emmanuel Fundira is trying to broker a deal for ZIMASCO (Private) Limited to offer houses in Shurugwi to former workers as part of their exit packages.The ferrochrome ...

By Staff reporter | Published: 27 April 2018

POLITICS

SA-based mogul eyes Zimbabwe State House

If business success was the only pre-requisite for leading a country, Joseph Makamba Busha of the FreeZim Congress (FZC), would be certain to be the next resident of State House.Of all the dozens of c...

By Staff rpeorter | Published: 23 April 2018

BUSINESS NEWS

Zimbabwe State Houses under major renovations

THE government is currently renovating both Harare and Bulawayo State Houses, which had been neglected by the former First Family since ex-President Robert Mugabe and former First Lady Grace took resi...

By Staff reporter | Published: 17 April 2018

CONSTRUCTION & PROPERTY

Zimre to turn Nicoz House into students quarters

Financial services group, ZIMRE Holdings, will soon start refurbishment works on its Nicoz House building in Selbourne Park, Bulawayo, which is being turned into living quarters for tertiary students....

By Staff reporter | Published: 10 April 2018

FINANCIAL SERVICES

NBS targets 2 000 houses in 2018

THE National Building Society wants to complete more than 2 000 houses in 2018 as the company moves to deliver affordable houses for low-income earners.The NBS scheme will see beneficiaries paying mon...

By Staff reporter | Published: 09 April 2018

LANDS & AGRICULTURE

MTC invests $6m in new warehouse

Mashonaland Tobacco Company (MTC) has invested $6 million in a new warehouse, following the inferno that gutted the old one in 2015.The tobacco processor and exporter's warehouse caught fire in 2015 d...

By Staff reporter | Published: 20 March 2018

BUSINESS NEWS

'Zimbabwe to warehouse $323m NRZ debt'

TRANSPORT minister Joram Gumbo on Tuesday told Parliament that government had agreed to warehouse the $323,5 million National Railways of Zimbabwe (NRZ) debt to ensure that the parastatal's legacy deb...

By Staff reporter | Published: 15 March 2018

BUSINESS NEWS

Mnangagwa to unveil 230,000 houses for civil servants

APEX Council, the umbrella body for civil servants' unions, has said government has come up with a new national command housing scheme to be launched by President Emmerson Mnangagwa soon.This comes as...

By Staff reporter | Published: 13 March 2018

BUSINESS NEWS

Miners, finance house enter loan deal

THE Zvishavane-Mberengwa Miners Association has entered into a partnership with Hammer and Tongues Micro-Finance house, which enables miners to access equipment on concessionary terms.Modelled along t...

By Staff reporter | Published: 07 March 2018

TELECOMS & TECHNOLOGY

NetOne moves to evict ex-CEO from house

The government-owned mobile firm NetOne Cellular (Private) Limited (NetOne) has dragged its former chief executive officer Reward Kangai to the High Court seeking to evict him from one of its properti...

By Staff reporter | Published: 28 February 2018

MINING & RETAIL

Mutare houses converted to illegal diamond centres

Several houses in the leafy suburbs of Mutare have reportedly been converted into illegal diamond trading centres by a syndicate of foreigners that is receiving the precious stones from artisanal diam...

By Staff reporter | Published: 26 February 2018
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