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Real Estate builds platform for API Summit

JOHANNESBURG. — Entrenched as the must attend and largest property gathering for senior African property investors, developers and decision makers, the 9th API Summit & Expo will be held on September 20-21, 2018 in Johannesburg, South Africa. This year’s summit promises to be the most robust and optimistic gathering in …

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Dubai property deals exceed $30 billion

Real estate transactions in Dubai for the first half of 2018 reached AED111 billion ($30,2 billion), according to the Dubai Land Department (DLD). According to a report issued by DLD’s Department of Real Estates Studies and Research, there were a total of 27 642 transactions in the first six months …

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RTG in massive refurbishments

Blessings Chidakwa in Kadoma Hospitality Group Rainbow Tourism has  spent $300 000 on refurbishing the 93 rooms at its Kadoma Hotel and Conference Centre. The hotel rooms are being spruced to meet regional and international market standards. In an interview the hotel’s General Manager Mrs Paula January said the renovations …

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Nyaradzo introduces diaspora package

Tawanda Musarurwa Diversified insurance group, Nyaradzo Life Assurance Company has launched a pioneer product, the Sahwira International Plan (SIP) that will cater to Zimbabweans living in the Diaspora across the globe. The SIP will bridge the gap and give those living abroad the opportunity to be present for the burial …

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Climate change takes toll

Jeffrey Gogo Climate Until now, the effects of climate change in Zimbabwe have mostly been looked at as a thing for the poor, particularly for rural farmers.  But large industrial companies are now starting to take a hit, as extreme climate events drag profits down. Seed Co Ltd, the Zimbabwean …

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Presidential Inputs Distribution Begins

By Norman Muchemwa Government has started distributing inputs under the Presidential Input Scheme, four months before the start of the summer cropping season, to ensure they reach the beneficiaries on time. Farmers started receiving the inputs last month. Addressing ZANU-PF supporters at a rally at Chipadze Stadium here on Saturday, …

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CABS’ perspectives on getting mortgages

IF you are building or buying property, there are several steps that you need to follow to be able to get a mortgage facility. There are also a number of mortgage options depending on your requirements.  What you need to know according to CABS as posted on Old Mutual Zimbabwe’s …

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Smuggled Blankets Suffocate Waverly

By Golden Sibanda Zimbabwe’s remaining blanket manufacturer, Waverly Blankets, faces collapse as its operations are being suffocated by an influx of smuggled blankets allegedly from China. It is understood that once the blankets leave China, they are taken to South Africa before being smuggled into Zimbabwe where they are sold …

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Govt Engages Chinese Firm Over Beitbridge-Chirundu Highway

By Nyemudzai Kakore Government is engaging a new contractor from China, Anhui Foreign Economic Construction Group Limited (AFECC), for the dualisation of the Harare-Beitbridge and Harare-Chirundu highways after it withdrew the tender awarded to an Austrian company, Geiger International. The development follows a Cabinet directive made in March instructing the …

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‘RBZ has failed in forex allocation’

ZIMBABWE Textile Manufacturers’ Association (Zitma) says local banks should handle the foreign currency allocation system as the central bank has failed to allocate forex to the industry and was now facing collapse. BY MTHANDAZO NYONI Zitma vice president Freedom Dube told NewsDay recently that the Reserve Bank of Zimbabwe’s failure …

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