Masimba to focus on margin, value preservation
TAURAI MANGUDHLA
Contracting group Masimba Holdings is closely watching its margins and return on capital investment to preserve value in Zimbabwe’s hyper-inflationary environment, CE Canada Malunga has said.
Profit...
City Council to reconstruct Harare under new master plan
TINASHE MAKICHI
Harare City Council (HCC) will rebuild the capital under a new billion dollar development master plan which focuses on construction of high rise accommodation...
Zimbabwe moves on $14b infrastructure funding gap
LIVINGSTONE MARUFU
Government will float an infrastructure bond and turn to private public partnership (PPPs) to raise funding amid revelation that at least US$14bn is...
Air Zimbabwe takes delivery of Embraer ERJ145
HARARE - Government took delivery today, of the first additional aircraft, an Embraer ERJ145 purchased from the United States of America, as plans to...
Tough times require bold decisions — FMP
Zimbabwe Stock Exchange (ZSE) listed property firm First Mutual Properties (FMP) last week reported a 140 percent jump in after tax profit to US$4m...
Old Mutual pursues CBD properties conversion
TINASHE MAKICHI
Financial services group Old Mutual Zimbabwe is planning to convert some of its properties in the central business district to accommodation. This comes...
High void rates hit CBD properties
Gamuchirai Tsokota
Listed property entity Mashonaland Holdings (Mash Holdings) says government should partner local investors in mordenising Harare as the capital continues to lag behind...
Mashonaland Holdings to venture in retail development.
Gamuchirai Tsokota
Listed property investment and development firm, Mashonaland Holdings (Mash Holdings) will explore the acquisition of strategic retail land banks for portfolio diversification and growth despite the...
Air Tanzania resumes direct flights to Zim
Tinashe Makichi
Air Tanzania has resumed direct flights to Zimbabwe in a move that is expected to boost trade and commerce, about two decades after the airline...
Harare demolishes houses to build $1,4m stadium
Since 2015, the Harare City Council has demolished close to 500 houses in the High Glen area opposite the Budiriro high-density suburb to build...