Zimbabwe News Update

๐Ÿ‡ฟ๐Ÿ‡ผ Published: 04 April 2026
๐Ÿ“˜ Source: Mmegi

The property group, which owns assets such as Chobe Marina Lodge and Masa Square Centre in Gaborone, to name a few, said the disposals, concluded at an eight percent premium to book value, form part of a deliberate shift to improve portfolio quality while recycling capital into stronger-performing assets. Most of the assets dumped were mainly in South Africa, such as the Sparrow Shopping Centre, which was sold for R60 million and the Regent Building in Cape Town, which sold for R150 million, with the company’s executives eyeing no major disposals for the Botswana market.

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speakerโ€™s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament…

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๐Ÿ“ฐ Article Attribution
Originally published by Mmegi โ€ข April 04, 2026

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