The government has unveiled a plan to provide guarantees for housing loans for people earning above R3 500 up to R15 000 to enable them to obtain bonds from banks.
The scheme called the Finance Linked Individual Subsidy Programme (FLISP) will be implemented through the National Housing Finance Corporation.
Human Settlements Minister Tokyo Sexwale said last week the scheme would benefit, among others, school teachers and principals, police and members of the armed forces, nurses, firemen, prison warders and blue collar workers.
(84 VIEWS)
Zimbabwe is among the top 30 countries in the world with the widest gap between…
Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…
Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…
The Zimbabwe government’s insatiable demand for money to satisfy its own needs, which has exceeded…
Economist Eddie Cross says the Zimbabwe Gold (ZiG) will regain its value if the government…
Zimbabwe’s capital, Harare, which is a metropolitan province, is the least democratic province in the…