The unnecessary practices of documentation (Red Tapism) are not a useful tool for any business. In many African countries, Bureaucracy has become a big hurdle in passing a simple transaction of buying and selling a property. An excessive number of documents are needed to pass any transaction; it usually takes around a month to complete […]
Housing is one of the primary needs of any human being worldwide. Reports from Senior Property states that it’s challenging to purchase a house in Zimbabwe due to the high cost of settling the mortgage loan. Research shows that for one to acquire the least newly build the house in the urban, one has to […]
Justice Owen Tagu granted an application by the Knowe Residents and Ratepayers’ Associations for an order to force Eddies Pfugari (PVT) Limited to service the residential areas in Phase 2 and Phase 3 of the Knowe housing development in Norton. The areas have been neglected for almost 20 years and the High Court has ordered […]
According to a report by international property firm Knight Frank, rents in Zimbabwe are the lowest in sub-Saharan Africa. The same report states that the issue is due to long existing economic problems that lead to very low demand for properties in all sectors. The most expensive residential properties in Zimbabwe have an average of […]
About a year ago, the Zimbabwean authorities introduced a new local currency called “bond notes”, equivalent to the US dollar, after having seen its local dollar currency peaked up to 200+ million percent in the past few years, rendering it totally worthless. This new currency had an impact on the property market in Zimbabwe, as […]
