{"id":78974,"date":"2023-06-13T21:48:02","date_gmt":"2023-06-13T19:48:02","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/absence-of-property-rights-eroding-investor-confidence"},"modified":"2023-06-14T01:06:27","modified_gmt":"2023-06-13T23:06:27","slug":"absence-of-property-rights-eroding-investor-confidence","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/absence-of-property-rights-eroding-investor-confidence","title":{"rendered":"\u2018Absence of property rights eroding investor confidence\u2019"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>UNAVAILABILITY of title deeds and property rights is eroding investment confidence in Zimbabwe, the Coalition for Market and Liberal Solutions (Comaliso) has said.<\/p>\n

Currently thousands of urban dwellers have, for example, no title deeds to the properties they were allocated in peri-urban settlements created on farms repossessed by government under the 2000 land reform programme.<\/p>\n

These farms and many others are still subject to disputes. Government will fully take possession of them when it compensates the former owners, which has resulted in the mushrooming of land barons who are illegally parcelling out land to unsuspecting aspiring homeowners.<\/p>\n

Last year, Comaliso lobbied Parliament to enact the Right to Shelter Act to afford Zimbabweans the right to legitimate settlements and shelter.<\/p>\n

In its recent policy document titled Liberal Manifesto: 2023 Nuggets for progressive political parties in Zimbabwe, Comaliso said it was disheartening that 43 years after independence, the country was still labelled poor and a pariah State.<\/p>\n

\u201cFor our economy to grow, everyone \u2014 State institutions included \u2014 must embrace property rights. Legalised ownership of capital, tangible and intangible goods and land are the drivers of investment and market exchange,\u201d said the organisation.<\/p>\n

\u201cViolating title deeds, invading State land, Chinese \u2018wrestling\u2019 land from rural citizens and politicians expropriating farms without compensation erodes investor confidence. Without title deeds, citizens who own urban and rural homes cannot access loans. Those in so-called \u2018informal settlements\u2019 live in constant fear of eviction.<\/p>\n

\u201cIn rural areas, Chinese freely roam, displacing citizens for mineral exploitation. Financial institutions are reluctant to lend money where there are no fixed assets.\u201d<\/p>\n

The think-tank further pointed out that \u201cfreedom unlocks synergies among different sectors of the economy attracting more funding for research and development\u201d.<\/p>\n

Comaliso added that Zimbabwe needs to commit to personal liberty and protect civil liberties and freedom of expression.<\/p>\n

\u201cAll citizens and institutions of governance must make a commitment to strengthen democracy, by protecting the right to vote and ensuring free, fair, just and transparent elections,\u201d Comaliso said.<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. UNAVAILABILITY of title deeds and property rights is eroding investment confidence in Zimbabwe, the Coalition for Market and Liberal Solutions (Comaliso) has said. Currently thousands of urban dwellers have, for example, no title deeds to the properties they were allocated in peri-urban settlements created on farms repossessed by government under the 2000 […]<\/p>\n","protected":false},"author":84,"featured_media":78972,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[1493,2189,19],"class_list":{"0":"post-78974","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-africa-press","10":"tag-africa-press-zimbabwe-2","11":"tag-zimbabwe"},"yoast_head":"\n\u2018Absence of property rights eroding investor confidence\u2019 - zimbabwe<\/title>\n<meta name=\"description\" content=\"UNAVAILABILITY of title deeds and property rights is eroding investment confidence in Zimbabwe, the Coalition for Market ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/absence-of-property-rights-eroding-investor-confidence\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018Absence of property rights eroding investor confidence\u2019\" \/>\n<meta property=\"og:description\" content=\"UNAVAILABILITY of title deeds and property rights is eroding investment confidence in Zimbabwe, the Coalition for Market ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/absence-of-property-rights-eroding-investor-confidence\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-13T19:48:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-13T23:06:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/06\/sm_1686681311.442002.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"403\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/absence-of-property-rights-eroding-investor-confidence\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/absence-of-property-rights-eroding-investor-confidence\",\"name\":\"\u2018Absence of property rights eroding investor confidence\u2019 - 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