for subscribers

Zambia’s real estate sector gears up for growth

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!

Lusaka - Zambia’s real estate sector is looking forward to a new chapter as it begins to leverage off opportunities in the steadily growing economy.

Latest research figures indicate that during the first quarter of 2017 the country had an economic growth of 3%, mainly driven by activity in the mining, information and communication, as well as financial services sectors.

In recent months, there have also been improvements in macroeconomic conditions, as reflected by the appreciating currency, falling inflation and subsequent policy easy.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
17.63
(-0.04)
ZAR/GBP
23.01
(-0.05)
ZAR/EUR
20.79
(-0.01)
ZAR/AUD
12.62
(-0.03)
ZAR/JPY
0.17
(-0.01)
Gold
2034.21
(+0.05)
Silver
28.28
(+0.09)
Platinum
961.50
(+0.38)
Brent Crude
44.55
(-1.53)
Palladium
2166.01
(+0.63)
All Share
56757.73
(-1.56)
Top 40
52435.65
(-1.72)
Financial 15
9897.96
(+0.10)
Industrial 25
74671.49
(-1.98)
Resource 10
58948.78
(-1.89)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 933 votes
It depends on how the funds are used.
74% - 6253 votes
No. We should have gotten the loan elsewhere.
15% - 1285 votes
Vote