HARARE, October 27 (The Source) – Zimbabwe’s infrastructure bank will next month float several bonds to the tune of $14,9 million to finance development of its housing project in Kariba.
VICTORIA FALLS, June 6 (The Source) – Financial group CBZ Holdings on Thursday launched a project to construct 1,313 houses at a cost of $11 million in the resort town of Victoria Falls.
CHINHOYI, April 13 (The Source) – The National Building Society (NBS) plans to float a series of bonds in the second half of the year as part of moves to raise $150 million for the construction of 10,000 housing units this year. The mortgage lender,… Read More
HARARE, March 15, (The Source) – Old Mutual Zimbabwe’s mortgage lender Central African Building Society (CABS) says it will soon launch a $6 million housing project in Bulawayo to develop 1,000 stands. The group chief executive Jonas Mushosho told analysts on Wednesday that the Nkulumane… Read More
HARARE, March 2 (The Source) – The Infrastructure Development Bank of Zimbabwe (IDBZ) says it intends to float more bonds to raise financing for its housing development projects but at a lower yield rate in line with current interest rates. The state owned institution was… Read More
HARARE, January 27 (The Source) – State-owned mortgage lender National Building Society (NBS) is targeting to develop 100,000 units worth $1,5 billion over the next five year to alleviate the country’s 1, 25 million housing backlog. NBS plans to construct 10,000 units this year alone.… Read More
HARARE, April 21 (The Source) – Harare City Council says it is looking for development partners to fund the upgrade of 70 ‘slum settlements’ that are spread across the city. Harare, with a housing backlog of 500,000 is currently battling an accommodation shortage, with informal… Read More
HARARE, February 25 (The Source) – CABS has reduced the initial deposit payable for stands under its Budiriro housing development scheme to 10 percent from 25 of the total cost after reporting slow uptake of the stands, an official has said. Two-roomed houses cost $22… Read More
HARARE, November 24 (The Source) – The Infrastructure Development Bank of Zimbabwe (IDBZ) plans to raise $100 million to construct 30,000 houses over four years in a development aimed at easing housing shortages in the country, an official has said. With rural to urban migration… Read More
HARARE, November 17 (The Source) – The banking sector has channeled $358 million for the construction of 1,690 houses and servicing of 6,460 stands across the country in the first nine months of the year, latest figures from the Reserve Bank of Zimbabwe (RBZ) show.… Read More