Building boom in Bulawayo continues


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The building boom in Bulawayo continued with the city council approving plans valued at $87.2 billion in April.

This was more than the total value of plans it approved in the first quarter of the year. The council approved plans valued at $72.8 billion from January to March.

Most of the development was concentrated in the low density suburbs of Burnside, Matsheumhlope, Selborne Park and Suninghill. Approved plans in these suburbs totalled $29.5 billion with town houses to be built in Matsheumhlope valued at $4.9 billion.

Mahatshula, Killarney and Parklands fell in second place with plans valued at $26.4 billion.

Cowdray Park, which hosts Operation Hlalani Kuhle, dominated the building boom in the high density suburbs with plans valued at $5.7 billion being approved.

It is likely to continue to rule the roost as the government and the city council have given beneficiaries deadlines to pay up for their stands.

For the first time in years the approved plans also showed that developers were coming back into commerce and industry. Five industrial plans valued at $1.6 billion and seven commercial plans worth $8 billion were approved together with seven public works plans valued at $7.3 billion.

 

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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