Reserve Bank of Zimbabwe (RBZ)
Zimbabwe’s bond notes introduction, a setback for property sector
HARARE - The decision by Reserve Bank of Zimbabwe (RBZ) to introduce a local currency known as "bond notes", equivalent to the US dollar, is set to have a major effect on the country’s real estate industry. ... Full story
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Construction begins on South Africa’s new $7.4bn smart city
Construction has begun on the new $7.4 billion (R84 billion ZAR) new city in Modderfontein, Johannesburg, owned by Hong Kong listed Shanghai Zendai, with development of 300 residential units underway. ... Full story