Local firm to invest US$1billion in Robert Gabriel Mugabe International Airport cargo village
TRANSPORT and logistics firm, Transvaal Africa, is investing slightly over US$1 billion to develop a trade-transformative cargo village at Robert…
Category: Property & Infrastructure
News on real estate, construction, and infrastructure development
Government imposes nationwide ban on wetland development
THE government has taken a major step towards protecting critical ecosystems by imposing a legally enforceable, nationwide ban on wetland…
Zimbabwe’s first REIT surpasses US$100m mark
The Tigere Property Fund Real Estate Investment Trust (REIT) has seen its market capitalisation rise to over US$101 million, following…
Arctic Blue launches US$23,74m Pfuma Fund REIT
Arctic Blue Asset Management (Private) Limited has launched the Pfuma Fund Real Estate Investment Trust (REIT) with a net asset…
Zim earmarks US$3bn to overhaul rail systems
Zimbabwe is planning a significant transformation of its rail system programme under a US$3 billion development and upgrade programme during…
US$1.2bn road overhaul for Beitbridge–Vic Falls corridor under NDS 2
GOVERNMENT has prioritised the US$1.2 billion rehabilitation and upgrade of the Beitbridge–Bulawayo–Victoria Falls Highway — including the construction of modern…
ZBCA Boss Unveils Ambitious Plan to Modernise Construction Industry
The Zimbabwe Building Contractors Association (ZBCA) president, Tinashe Manzungu, has challenged the construction sector to evolve or risk being left…
Sharpe urges govt to abandon 2030 mono-currency thrust
WESTPROP Holdings Limited (WestProp) chief executive officer Ken Sharpe has urged the government to abandon its 2030 mono-currency agenda, saying…
Building material prices show mixed movement
THE cost of building materials recorded mixed movements across the three Building Material Price Index (BMPI) categories in the third…
Masawara founder calls for new Zimbabwe’s financial infrastructure
MASAWARA Group founder and chief executive officer Shingai Mutasa has called for a new Zimbabwe’s financial infrastructure with a focus…