National Railways of Zimbabwe (NRZ) is targeting to generate at least US$1 million annually from leasing out some of its properties across the country as part of an initiative to widen its revenue bas...
FORMER clerk of Parliament Austin Zvoma and his estranged wife Maria (nee Jeche), have reached a stalemate over the distribution of their immovable properties in Harare in divorce proceedings currentl...
ZIMRE Property Investments Limited (ZPI) says the restructuring of its portfolio led to a loss of US$1,42 million for the year ended December 31, 2018 from a profit after tax of US$2,48 million in the...
SUSPECTED habitual thieves run out of luck after they were nabbed trying to sell stolen chairs to PHD ministries founded by clergyman Walter Magaya.The three who are employed as caretaker, gardener an...
Former Lands minister Douglas Mombeshora and his wife Millicent are set to lose household property worth thousands of dollars after failing to pay back an undisclosed amount of money to a local bank.A...
In spite of a crippling foreign currency crisis ravaging the Zimbabwean economy, locals are finding the hard currency to buy real estate in South Africa.Interestingly, when it comes to splurging on pr...
Property developers are demanding payment in US dollars for residential stands or houses in a development that might further exclude ordinary people from owning houses. The development flies in the fa...
One of former Wakefield Estate owners, Andrew Dawson, has petitioned the High Court seeking an order to prohibit former Zanu-PF youth leader Kudzanayi Chipanga from taking over his assets.Dawson and C...
TWENTY-FOUR teachers under the Zimbabwe Teachers' Union (Zitu), have taken a Gweru-based leading property developer, River Valley Properties, to court for failing to deliver residential stands which t...
Fly Africa is set to lose property over a $17 295 debt owed to a former employee who recently obtained a writ of execution against the airline, following a court order issued by High Court judge Justi...
THE Nelson Chamisa-led MDC-T could lose property worth over $665 000 after the Labour Court ruled that it unfairly dismissed 17 employees and must pay damages. Labour Court judge Justice Betty Chidziv...
Home Affairs minister, Obert Mpofu, has lost the battle to block the High Court from transferring some of his properties to the Deposit Protection Corporation (DPC) - the liquidator of his now-defunct...
State property remains immune from attachment and execution following a ruling by the Constitutional Court with the consent of involved parties.The bench led by Deputy Chief Justice Elizabeth Gwaunza ...
PROPERTY worth an estimated $202 000 was reduced to ashes on Tuesday when Empire House in Bulawayo was gutted down by fire.The building houses several flea markets.Bulawayo chief fire officer, Richard...
Former president Robert Mugabe's son, Chatunga, is set to lose property after failing to pay rentals for his butchery in Chitungwiza. A writ of execution has since been issued for the attachment....
Government has launched the Zimbabwe National Intellectual Property Policy and Implementation Strategy (2018-2022) to spur innovation and creativity in various sectors of the economy. Addressing stake...
A BULAWAYO firm Loxdale Investments (Private) Limited has taken Harare-based property developer, Rilbro Property and Development (Pvt) Limited and CBZ Bank to court over a botched land deal.In summons...
The real estate sector in Zimbabwe has hit its lowest although opportunities still abound across the country's major cities, experts say. Activity in the sector has been skewed towards residential dev...
THE National Railways of Zimbabwe (NRZ) has approached the High Court challenging the sale of its property over $20 000 salary arrears owed to a former employee.NRZ through its lawyers Mbidzo, Muchade...
LOOMING elections are stalling the property market as sellers and buyers have adopted a wait and see attitude on the outcome of those elections, a property expert has said. Speaking to NewsDay recentl...
Once Zimbabwe's iconic departmental store, Greatermans Stores, is set to lose various electrical goods over a long standing debt to a local company.Greatermans Stores closed shop a few years ago to pa...
MASHONALAND Holdings Limited (Masholds) has started engaging local authorities in Zimbabwe to find a lasting solution to heightened exodus from central business districts (CBDs) by companies fleeing a...
API Events will next week host the inaugural Zimbabwe Property Investment Conference for the local real estate industry and regional investors looking to invest in the property market.In a statement y...
President Emmerson Mnangagwa has assured local and foreign investors that his administration will protect their rights by making conditions conducive for investment.He made the pledge yesterday in Har...
THE National Railways of Zimbabwe (NRZ) is working on increasing its revenue streams by expanding its property portfolio, whose revenues soared to $5,67 million last year from $3,3 million in the prio...