Investment

The managing director of Rhuwa Property, Bigman Zvavandanga, stated that the sudden interest in investment by healthcare workers in real estate had raised the sector economically. Despite the COVID-19 breakout, while all the sectors are suffering, Zimbabwe's real estate is heading forward. According to the managing director, the last few months were not in favor of real estate as the country was facing...

Recently, property development and investment organization Mashonaland Holdings Limited published a trading update spanning the first quarter. It established a few problems that were severely limiting the industry of real estate. These conditions have further deteriorated due to the outbreak of the pandemic of Novel Coronavirus. The organization states that the sharp and consistent fall in buying capacity...

Zimbabwe needs approximately $1.5 billion yearly going into the infrastructure development sector to stimulate its economic growth.  Minister for Finance and Economic Planning, Patrick Chinamasa said that it is essential for the Government to invest in improving infrastructure which will kick-start Zimbabwe’s economy. Addressing parliament, Minister Chinamasa said that the government should reserve a...

A property represents a big financial investment and you have to know something really important before signing the contract. Regional Director and CEO of RE/MAX of Southern Africa Adrian Goslett explains that the most important factor to consider when buying is location. “Most buyers in today’s market will know that location is important, but not everyone knows what elements make an area a good...

Zimbabwe moved from 161 to 159 in the World Bank rankings. Its rise has been attributed to improvements in the ease of setting up a new business. The World Bank rankings also measure aspects of regulation affecting eleven areas of the life of a business, ten of which are included in this year’s ranking on the ease of doing business: Starting a business Dealing with construction permits...

First Lady Grace Mugabe seems to have a spending habit. Even though her business empire is incurring perennial losses since 2003, she has spent millions of dollars on cars, houses and jewellery. This is not it. Grace has lately gone on a mission to expand her real estate portfolio and she purchased a US$4,2 million plot in the exclusive Helensvale area of Harare’s Borrowdale suburb. The plot was meant...