COVID-19 had a devastating effect on the economies of the world. It was to the point that most of the economies had nearly reached a period of recession, and Zambia was no exception among those economies. The outbreak and the following lockdowns had a significant negative effect on the property sector of Zambia, among the […]
Home maintenance is not less than an art, and everyone is not an artist here. When it comes to home maintenance, countless homeowners do know the very basics of home maintenance. They show themselves as aliens to the appliances and structures used in a home. An agency known as Sears Home Services surveyed random 1000 […]
In Zambia Air Conditioners are delicate appliances normally they have a warranty of a year and it is maintained by the company within warranty period but once the warranty is over they charge you a lot of money to repair even slight damage. The most common problem that many AC owners register to us is water […]
SA Corporate Real Estate stated that its business property, mostly of transportation and convenience-oriented retail assets, was protective during the outbreak and would remain so until 2022. Through a partnership, the JSE-listed real estate investment trust (REIT) holds commercial, agricultural, office, warehouse, and housing properties throughout South Africa and three buildings in Zambia. According to […]
We examine several graphs that depict the implications on the economy of the country’s latest National Election and its prospective beneficial influence on the real property sector. However, the President’s resounding victory, Zambia’s presidential election, is rapidly spreading across the industry. We examine the biggest five changes that have occurred that we are witnessing and […]
According to the CEO of Stanbic Bank, Leina Gabaraane, to build a stronger economy post the COVID-19 pandemic, ZAMBIA embraces significant shifts created in the virus’s local economic landscape. According to Jimmy Khan, the CEO of Lafarge ZAMBIA, There has been quite a notable shift in ZAMBIA’s domestic construction industry due to the acute increase […]
Real estate sector in Africa has been experimenting an impressive growth. On average, 10,000 accommodations miss each year in most of these countries, and despite some governmental endeavors, the shortfall is still important. According to several studies, African population is going to increase over threefold during the next 40 years. This demographic growth will inevitably […]
Ronald Chitotela, the Zambian Infrastructure Development Minister, expressed the government commitment to avail affordable housing facilities for the citizens. This was during a live phone call with ZNBC television on a program called ‘Government Forum.’ The scheme dubbed ‘Build and own’ is a government program to convert slums to habitable settlements hence upgrading the slums. […]
Zambian economy is set to experience boom as investors have noted the growing shortage of housing facilities which could lead to the rise in pricing. Zambia’s economy has significantly improved compared to its counterparts in the sub-Saharan region. As suburbs become more popular, there is a notable increase in demand for auxiliary services and accommodation […]
The average time a home stays on the market before being sold has increased further by two days to fifteen weeks and six days in the third quarter. These figures show that the market is slowly drifting away from equilibrium and price realism. John Loos, a household and property sector strategist at FNB said that […]
