Search results for 'property development'
Companies
Tigere Targets US$100m Net Asset Value for FY 26, Sets Sights on US$200m by 2028
Tigere Real Estate Investment Trust (REIT), a leading Zimbabwe Stock Exchange-listed entity, has projected a 100% growth in Net Asset Value (NAV) to US$100 million in full year 2026 from US$50 million
Mar 05, 2026
Zimbabwe
From Mortgage Lender to Property Developer: How Zim's Banks Are Reinventing Themselves
FBC Holdings, one of Zimbabwe's largest diversified financial services groups with operations spanning commercial banking, building society activities, insurance, and microfinance, has disclosed at an
Mar 30, 2026
Companies
WestProp's Profit Falls 26% in 2025: But Records Strongest Underlying Business Ever
Harare- WestProp Holdings Limited, the Victoria Falls Stock Exchange-listed real estate developer whose portfolio spans Pomona City, Pokugara Residential Estate, Millennium Heights, and the under-dev
Apr 08, 2026
Zimbabwe
Zimbabwe Abolishes Building Permits in Boldest Real Estate Reform in a Generation
Zimbabwe has abolished building permit requirements and Environmental Impact Assessment obligations at the local authority level for property development projects, in what constitutes the most structu
May 13, 2026
Companies
TSL's Property Pivot: How Zimbabwe’s Tobacco Services Group Is Building a Real Estate Growth Engine
TSL Limited, Zimbabwe's only listed group whose commercial footprint spans agricultural chemicals, tobacco sales floors, packaging, end-to-end logistics, and property, is set to become the country's l
Jun 22, 2026
Companies
Old Mutual Targets US$46 Million Development REIT to Unlock US$150 Million Property Pipeline
Old Mutual Zimbabwe is preparing a US$46.2 million Development Real Estate Investment Trust which mobilises institutional capital through the Victoria Falls Stock Exchange rather than conventional ban
Jul 27, 2026
Companies
WestProp More Than Doubles Interim Dividend to 6 US Cents, HY26 Profit Falls 6%
WestProp Holdings, the Zimbabwean property developer behind Pomona City, Millennium Heights and Pokugara, declared an interim dividend of 6 US cents a share for the six months ended June 2026, more th
Oct 05, 2026
Companies
WestProp’s Pomona Share Swap Widens Minority Ownership, Keeps Alpha in Control
WestProp Holdings Limited, the Victoria Falls Stock Exchange-listed property developer, received valid acceptances covering 427,389 Alpha Holdings Africa shares under its minority exit offer, represen
Oct 16, 2026
Companies
WestProp Retains US$110 Million Property Portfolio Following Pomona Landbank Separation
WestProp Holdings has completed its corporate reconstruction, retaining an estimated US$110.2 million in assets on the Victoria Falls Stock Exchange following the transfer of its 161.51 hectare Pomona
Nov 09, 2026
Companies
Pfuma's Rental Income Jumps 40%, Investment Returns Fall 29%: Can Property Expansion Sustain Dividends?
Pfuma Fund's rental income has increased 39.9% to US$648,049 during the third quarter of 2026, reflecting an accelerating transition from interest earning investments into income generating commercial
Nov 12, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
1 day agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
1 day agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
1 day agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
Nov 13, 2026Treasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
Nov 13, 2026Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
