BUSINESS NEWS

Thousands to lose stands in Bulawayo

THE Bulawayo City Council has given more than 2 000 property owners who have abandoned their assets or neglected to pay rates and develop their stands a final 30-day notice before the local authority ...

By Staff reporter | Published: 06 October 2019

CONSTRUCTION & PROPERTY

Reduced stands sales weigh down ZPI

ZIMRE Property Investments (ZPI) says it recorded a loss of $1,42 million during the year ended December 31, 2018, compared to a profit of $2,49 million in 2017 due to portfolio restructuring and redu...

By Staff reporter | Published: 02 May 2019

BUSINESS NEWS

Bulawayo council approves sale of stands in forex

Bulawayo City Council (BCC) has approved the sale of housing stands in foreign currency, a move that is set to make them priced out of reach of many citizens, who have endured falling standards of lif...

By Staff reporter | Published: 20 December 2018

POLITICS

Mutsvangwa stands down

The vice president of the SADC Parliamentary Forum, Senator Monica Mutsvangwa, left the leadership of the Forum last week after an eventful two years at the helm of the inter-parliamentary body that b...

By Staff reporter | Published: 11 December 2018

CONSTRUCTION & PROPERTY

ZB avails 708 Plumtree housing stands

ZB BANK has availed 708 housing stands in Plumtree Town, which have since been opened up for sale to prospective home seekers in a partnership with the local authority. Speaking in Bulawayo during a b...

By Staff reporter | Published: 17 September 2018

POLITICS

Shamu stands with Mnangagwa

Former Mashonaland West Provincial Affairs minister Webster Shamu yesterday disowned a video clip circulating on social media platforms, where he was captured as suggesting to his supporters that they...

By Staff reporter | Published: 19 July 2018

POLITICS

MDC Alliance candidate in stands scandal

MDC Alliance's council candidate for ward 3 in Gwanda has been named in a scandal involving the illegal sale of repossessed housing stands in the Matabeleland South capital.The alleged scam was uneart...

By Staff reporter | Published: 18 July 2018

BUSINESS NEWS

Teachers sue property developer after stands deal sours

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...

By Staff reporter | Published: 18 July 2018

POLITICS

Chamisa says MDC-T stands for MDC-Tsotsi

MDC Alliance president Nelson Chamisa has now publicly disowned the MDC-T name saying his party would not be using the name ever again.Addressing thousands of party supporters at Mutasa DC yesterday, ...

By Staff reporter | Published: 14 July 2018

BUSINESS NEWS

Gweru ordered to stop selling stands

GWERU's acting town clerk, Douglas Chikwekwe, has revealed that the local authority had received an order from Midlands Provincial Affairs minister Owen Ncube to stop parcelling out land in peri-urban...

By Staff reporter | Published: 13 July 2018

POLITICS

Misihairabwi stands by Khupe

FIREBRAND Proportional Representation legislator for Matabeleland South, Priscilla Misihairabwi-Mushonga, yesterday filed nomination papers on behalf of former MDC-T vice president, Dr Thokozani Khupe...

By Staff reporter | Published: 15 June 2018

BUSINESS NEWS

CBZ housing scheme beneficiaries to lose residential stands

THE estimated 1 300 beneficiaries of the CBZ housing scheme in Victoria Falls might lose their residential stands after the local authority recently threatened to repossess the stands over non-payment...

By Staff reporter | Published: 10 May 2018

POLITICS

Zanu-PF promise farms and stands for women, youths

ZANU-PF has promised to empower youths, women, the disabled and the vulnerable through allocation of farms and residential stands as part of its efforts to ensure indigenous people participate in econ...

By Staff reporter | Published: 08 May 2018

BUSINESS NEWS

Servicing of Mkoba 21 stands begins

Gweru City Council has begun servicing Mkoba 21 stands and beneficiaries will soon start building their houses, a senior council official has said.The 6 733 stands were unveiled to potential buyers th...

By Staff reporter | Published: 03 May 2018

BUSINESS NEWS

City council to repossess stands

Harare City Council (HCC) is set to repossess residential stands issued to cooperatives and housing assistance pay schemes, which are failing to pay for the allocated  land.The stands were alloca...

By Staff reporter | Published: 15 March 2018

BUSINESS NEWS

Old Mutual unveils 1 082 serviced stands

OLD Mutual Group has unveiled 1 082 housing stands in Bulawayo that are being serviced under a public private partnership (PPP) agreement with the local authority.Speaking at the ground-breaking event...

By Staff reporter | Published: 09 March 2018

ECONOMC INDICATORS

Inflation stands at 3%

ZIMBABWE'S year-on year inflation rate closed 2017 at 3.46 percent gaining 0.49 percentage points on the November rate of 2.97 percent, official figures show.This means that prices as measured by the ...

By Staff reporter | Published: 17 January 2018

CONSTRUCTION & PROPERTY

BCC, CBZ bank partners in stands development

The Bulawayo City Council (BCC) has entered into a partnership with a local bank to develop medium density residential stands in Mahatshula West in a bid to ease the city's housing backlog, currentl...

By Staff reporter | Published: 14 July 2017

POLITICS

Bona wedding brings Borrowdale to standstill

President Mugabe's neighbours had a hell of a day yesterday being subjected to rigorous searches by gun-toting security details as First Daughter Bona, tied the knot to Simba Chikore at a splendorous ...

By Staff reporter | Published: 03 March 2014

ECONOMC INDICATORS

Zim external debt stands at $6.1 billion

Following the completion of the validation and reconciliation exercise of the country's external debt, total external public and publicly guaranteed debt (excluding Reserve Bank and private sector ext...

By Staff reporter | Published: 20 December 2013

POLITICS

'Zim indigenisation deadline stands'

The government says the January 2014 deadline for firms operating in the reserved sectors of the economy stands with companies called upon to comply with the Indigenisation and Economic Empowerment Ac...

By Staff reporter | Published: 04 November 2013
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