The National Building Society (NBS) is geared to firmly establish its presence within Kadoma by increasing responsiveness to the current needs of the market to bolster government’s housing delivery agenda and proffer unique financial services solutions too.

NBS arranged an intensive stakeholder engagement programme in the City of Gold where the financial institution sought primarily to understand the market fully and to derive customised solutions suitable for individuals, small businesses and even corporates.  These efforts are in response to Government’s targets set under the National Development Strategy 1 (NDS1) that go further to provide financial security through initiatives that speak to housing delivery and economic growth. 

The series of meetings in Kadoma by the bank was part of a broader national drive that has already seen similar engagements in major centres such as Bulawayo, Mutare and Masvingo, with senior officials of NBS interacting with key stakeholders. 

Addressing attendees of an interactive breakfast meeting, including captains of industry drawn from Kadoma and the surrounds, NBS Managing Director, Mr. Tapera Mushoriwa said that his institution is pursuing what he termed, “banking unusual” as part of the bank’s new mantra “Bank, Build & go Beyond” that will see the financial institution seeking a permanent foothold on the local market.

“Our aim is to paint Kadoma green by establishing a huge presence for NBS.  All along, in the past, we have been associated with building houses but now we are saying the bank is now much more, and able to offer more.  NBS is ready and willing to go beyond for the people and businesses of Kadoma.”

During the tour of Kadoma by the NBS delegation, several opportunities to add value were explored.  According to Mushoriwa these efforts were necessary for the financial institution to understand the market.

“As NBS aspires to ‘go Beyond’ we are saying that we want to bank everyone in their personal capacity, as we provide tailored products and services but moreover, we are saying, we can build your wealth in terms of growing businesses using bespoke solutions and generating value through social security investment.”

The financial institution has a wide range of offerings for Zimbabweans, suitable for all income groups, including those in the informal sector.  Being a state-owned bank, a salient objective is to engender social security which by extension requires the delivery of houses to put roofs over the heads of citizens.  Thus, the NBS delegation made time to visit some landbanks and project sites in Kadoma against plans to roll out housing developments in the city through partnerships with local authorities and private developers.

https://www.sundaynews.co.zw/nbs-to-aid-business-growth/

https://www.chronicle.co.zw/nbs-to-build-2-000-houses-in-matabeleland-region/

https://www.herald.co.zw/national-building-society-seeks-permanent-foothold-in-masvingo/

To Our Valued Customers and Stakeholders

As the year 2022 draws to an end, NBS management and staff wish to thank you, our esteemed customers and stakeholders, for your support and patronage over the year.  As we move forward into 2023 and embark on an exciting journey to bank, build and go beyond for Zimbabwe, we look forward to growing together with you through sustained collaboration and partnerships.

NBS Builders wish you a prosperous New Year!

The Commissioning Ceremony of our Dzivarasekwa (DZ) Housing Project was held on Monday 14 November 2022, and officiated by His Excellency, The President of the Republic of Zimbabwe, Dr. Emmerson Dambudzo Mnangagwa who was ably represented by the Minister of Defence and War Veterans Affairs Honourable Oppah Muchinguri-Kashiri.

The event was graced by top government officials namely our Line Minister for Public Service, Labour, and Social Welfare, Honourable Professor Paul Mavima,  Minister of National Housing and Social Amenities, Honourable Daniel Garwe and Minister for Womens Affairs, Communities, Small and Medium Entreprises, Honourable Sithembiso Nyoni, NSSA Board and Executive Management to mention a few.

The Commissioning of our massive low-cost housing project, comprising of 500 units with different models, ranging from 1 roomed to 4 roomed houses and sitting on stands averaging 200 square metres in extent marked a momentous victory for NBS.

The DZ project boasts fully surfaced roads and, complete sewer and water works.  Also, Council has issued the requisite approvals to enable occupation of the housing units by our esteemed clients.  The Compliance Certification process is at an advanced stage which will soon be followed by the issuance of title. 

To date NBS has delivered close to 2,000 housing units across the breath of Zimbabwe, which is a long way from the first 85 units we were involved in at Adelaide Park Harare in 2016, a mere seven months after our operations began in 2016. 

We relay sincere appreciation to every that has been involved and has contributed in some way to enable the completion and commissioning of the Dz Project.  To our clients, partners, and stakeholders, thank you for the unrelenting support without which it would not have been possible to reach our collective dream with the delivery of these houses. 

As NBS, we are determined to do our part in Zimbabwe’s housing delivery sector.  For as long as there is NBS, you can be assured that for our people we will bank, build, and go beyond. 

National Building Society (NBS) is pleased to announce the appointment of Tapera Mushoriwa as the Managing Director effective August 2022.  We wish him every success as he takes NBS to new heights.

The Board of Directors is pleased to announce the appointment of
Mr. Tapera Mushoriwa, as the Managing Director of the National Building
Society effective August 2022.

Tapera is a seasoned business executive and banker with close to two
decades of experience in the financial services sector, having worked with
various institutions locally, regionally and globally. His wealth of expertise
covers Corporate, Retail and Digital banking with a special emphasis on
Fintech products and services.

A holder of a Master of Business Administration and BSc Hons in Computer
Science, among other qualifications, Tapera brings strategic thinking,
inspirational leadership, and business transformation to the Society. He is
married with three children and enjoys history and golf.
We wish him all the best in his new role.

By Order of the Board

NBS Hands Over Houses To Norton Clients

CONSTRUCTION of National Building Society’s (NBS) Sunset Villas’ 120 cluster housing project in Tynwald South Harare which is valued at over US$6 million will commence in June.

NBS Head of Marketing, Mildret Kujinga said the project housed on 5,99 hectares in a gated community was an integral part of the Society’s housing delivery strategy and fulfilment of its mandate, in line with National Development Strategy 1 (NDS1).

“Sustained investment in the provision of affordable housing, both promptly and profitably, is the cornerstone of the NBS strategic vision.  This project demonstrates our ongoing commitment to increasing the supply of quality homes to the nation’s citizens,” she said.

After completion, Sunset Villas will have two- and three-bedroom units.  Construction will be done in two phases with the first phase delivering 40 units.  The whole project is expected to be completed by the end of 2022. 

Commenting on the joint venture between NBS and Naldline Trading Private Limited, which has been a catalyst for this project, Kujinga said: “The Society’s success within the housing space has been cemented through concerted efforts from all stakeholders, particularly Public-Private Partnerships (PPPs).”

“Collaborations in projects such as these have enhanced our capabilities and innovation for the ultimate benefit of prospective homeowners.  PPs speak to improved operational efficiencies in the provision of public services which is crucial in the delivery of the NBS affordable housing mandate,” she said

Through the Sunset Villas development, NBS is also pursuing its broad plan for greater innovation in housing.  Thus, the choice of construction methods will ensure water efficiency and reduction of waste.  In addition, the clusters will support modern living, through the design of the units and the provision of family-friendly amenities and spaces.

The completion of the Sunset Villas project will add a meaningful number of new units to the national housing stock, with continued contribution towards the Government’s efforts to reduce the housing backlog.  Sunset Villas is one of many housing projects that have been undertaken by the NBS since its inception six years ago.

“Our focus remains on providing affordable housing finance solutions to the country’s citizens.  We remain steadfast in utilising resources at our disposal, including financial expertise and PPP arrangements, to deliver affordable and sustainable housing projects that meet the needs of Zimbabwean home seekers.  Housing can contribute substantially to economic development and NBS stands ready to do right by the nation,” said Kujinga.

NBS’ Mother’s Day Delight