FINANCIAL SERVICES

Inflation headache for NBS

THE National Building Society (NBS) says it has applied strict cost repression measures in order to contain the effects of inflation.Zimbabwe's inflation rate has been on the rise and quickened furthe...

By Staff reporter | Published: 28 September 2019

FINANCIAL SERVICES

Council rescinds housing deal with NBS

Harare City Council has rescinded its decision to enter into partnership with the National Building Society (NBS) to develop over 300 residential stands for low-income earners after council accused th...

By Staff reporter | Published: 03 July 2018

BUSINESS NEWS

NBSZ appoints chairperson

THE National Blood Services Zimbabwe has appointed a new board chairperson, Advocate Rodgers Matsikidze who takes over from Justice Leslie George Smith who retired after 37 years at the helm.Matsikidz...

By Staff reporter | Published: 23 June 2018

FINANCIAL SERVICES

NBS targets 2 000 houses in 2018

THE National Building Society wants to complete more than 2 000 houses in 2018 as the company moves to deliver affordable houses for low-income earners.The NBS scheme will see beneficiaries paying mon...

By Staff reporter | Published: 09 April 2018

CONSTRUCTION & PROPERTY

NBS completes 50 housing units in 100 days

THE National Building Society (NBS) has completed construction of 50 houses at the Magakoosha Housing Site in Shurugwi.The bank partnered River Valley Properties who serviced the land for the project ...

By Staff reporter | Published: 14 March 2018

CONSTRUCTION & PROPERTY

NBS builds 3,000 houses

THE National Building Society (NBS) has constructed 3 000 houses so far this year through its housing mortgage scheme.The building society, which is wholly owned by the National Social Security Author...

By Staff reporter | Published: 11 September 2017

FINANCIAL SERVICES

NBS targets 10 000 housing units by year-end

THE National Building Society (NBS) is targeting to fund the construction of 10 000 high to medium density housing units by the end of this year after partnering with private property developers to ad...

By Staff reporter | Published: 28 August 2017

CONSTRUCTION & PROPERTY

NBS doubles house production

MORTGAGE provider, the National Building Society has produced over 3 000 houses during the first half of 2017, an amount double the units produced by the whole industry in 2016.Last year, mortgage pro...

By Staff reporter | Published: 22 August 2017

BUSINESS NEWS

Turnall partners NBS

Turnall Holdings Limited says it is expecting the strategic partnership it entered into with the National Building Society (NBS) for construction of houses around the country to improve its revenue fo...

By Staff reporter | Published: 22 August 2017

FINANCIAL SERVICES

National Building Society unveils houses

The National Building Society (NBS) on Thursday unveiled 65 newly built low-cost houses in Amalinda high-density suburb.The houses will mainly benefit workers from the Tobacco Industry and Marketing B...

By New Ziana | Published: 11 August 2017

CONSTRUCTION & PROPERTY

NBS to construct 14 000 housing units

THE National Building Society (NBS) is set to construct more than 14 600 low cost houses in Bulawayo and Harare, as part of its efforts to reduce the country's over 1,25 million housing backlog, an of...

By Staff reporter | Published: 14 July 2017

FINANCIAL SERVICES

National Building Society boss suspended

NATIONAL Building Society (NBS) managing director, Ken Chitando, has been sent on three months forced leave to pave way for an audit into the bank's financial accounts, after indications that the one...

By Staff reporter | Published: 06 July 2017
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