Search results for 'rental income'
Companies
First Mutual Properties Commits Circa Half Billion for Property Refurbishment

First Mutual Properties Holdings Limited, a real estate investment and property development company listed on the Zimbabwe Stock Exchange (ZSE), invested ZWL445.8 million in enhancing the quality of i

Sep 22, 2023
Companies
The US Dollar Triumph: Tigere’s Revenue Collections Rise to 91% in USD in HY24

igere Property Fund has reported a notable shift in its financial landscape for the half-year ended June 30, 2024, marked by a significant increase in USD revenue collections. According to its latest

Sep 02, 2024
Companies
Mash Holdings Maintains Profitability Despite 9% Drop in Profit After Tax

Mashonaland Holdings Limited, a leading property investment and development firm listed on the Zimbabwe Stock Exchange (ZSE), sustained profitability in FY2024, posting a profit after tax of US$3.7 mi

Mar 28, 2025
Companies
Revitus REIT Targets Yield Boom in 2026 Post-Chester House Renovation

Revitus Real Estate Investment Trust (REIT) is anticipating a boom in occupancy and yield ratios in 2026, buoyed by the refurbishment of its flagship asset, Chester House, which is scheduled for compl

Jul 22, 2025
Companies
Mash Holdings’ Rental Income Grows 15% Spurred by New Tenants at Pomona Centre

Mashonaland Holdings Limited, a prominent property and investment company listed on the Zimbabwe Stock Exchange (ZSE), reported strong rental income growth in the first half of 2025,  by its developme

Aug 28, 2025
Companies
From Wagons to Rentals: ZECO’s Fragile Half-Year Revival

ZECO Holdings Limited, the investment vehicle controlled by flamboyant businessman and property magnate Philip Chiyangwa, has posted a surprise profit for the first half of 2025, marking a rare break

Sep 11, 2025
Zimbabwe
ZIMRA Slaps 15% Tax on Commercial Rentals

The Zimbabwe Revenue Authority (ZIMRA) has introduced a 15% presumptive tax on rental income, effective 1 January 2026, under which landlords leasing premises to tenants carrying on trade, business or

Feb 06, 2026
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
Companies
First Mutual Properties Holds $136m in Assets: ZSE Values it at $46m

Zimbabwe's largest listed property company is considering walking away from its own stock exchange, largely due to undervaluation by the Zimbabwe Stock Exchange, and the 2025 financials explain precis

Apr 13, 2026
Companies
Pfuma REIT Completes US$7m Cork
Corner Acquisition

Pfuma Fund, a Real Estate Investment Trust (REIT) in Zimbabwe that invests in commercial and retail properties has completed its US$6.94 million acquisition of Cork Corner in Avondale, issuing 69.4 mi

1 day ago

Top Stories

VFEX Becomes ZSE Holdings’ Profit Engine, Delivers 75% Operating Profit

Victoria Falls Stock Exchange (VFEX) has become the principal earnings engine inside Zimbabwe Stock Exchange Holdings, with the USD-denominated market generating almost three-quarters of group operati

5 hours ago

Banks Split on Where to Put Deposits as Credit Shifts Toward Trade, Mining and Agriculture

Zimbabwe’s banks are entering H2 2026 with more deposits available for lending, but their interim results show that the allocation of that liquidity is becoming increasingly selective, and that the ri

5 hours ago

Old Mutual Cuts Client Cash Outflow by R7bn in First Half

Old Mutual reduced the amount of client money leaving the group by R7.00 billion during the half year ended 30 June 2026, cutting its net client cash outflow from R10.13 billion to R3.13 billion. The

6 hours ago

Balance Sheet Illusion: Growing Deposits Mask Credit Quality Deterioration in Zimbabwe’s Banking Sector

Zimbabwe’s banking system entered the second half of 2026 with substantially larger balance sheets, but the H1 results show that the widening performance divide now extends beyond profitability into t

7 hours ago

Machiavelli’s Politics of No Second Chance: How Court Closures, Treason Charges Threaten Zambia’s Mining Boom

Hakainde Hichilema enters his second term with the numerical strength of a decisive electoral victory and a political dispute that should have been comparatively easy to settle. He was officially decl

9 hours ago

POSB Profit Falls 42%, Fee Squeeze Outruns 37% Deposit Growth

People’s Own Savings Bank has expanded its balance sheet aggressively during the first half of 2026, but the additional deposits and lending have yet to replace earnings lost as regulatory measures c

10 hours ago

Zimbabwe’s Mineral Leakages Shift from Border Smuggling to Under-Declaration and Fake Invoices

The Minerals Marketing Corporation of Zimbabwe has recorded 18 suspected mineral smuggling and irregular-movement cases between January and August 2026 involving about 2,654 tonnes of minerals and scr

1 day ago

Weekly Currency Update: ZiG Enters September Stable as Tight Money, FX Buffers Contain Pressure

The Zimbabwe Gold opened on 31 August 2026, the last day of the month at ZiG26.6640 per US dollar, giving back part of the appreciation recorded during the previous week after closing Friday at ZiG26.

1 day ago