Informal settlements set to benefit from title deeds initiative

Phillipa Jaja

Informal settlements are set to benefit from President Mnangagwa’s title deeds issuance programme after the Government approved the provision of such for urban and peri-urban housing developments on State and local authority land.

The number of Epworth beneficiaries, where the programme was launched on April 22, 2023 has increased
to 11 200.

In a post-Cabinet media briefing last night, Information minister Monica Mutsvangwa said the initiative is meant to unlock value for the beneficiaries through financial inclusion.

The programme will be rolled out in other provinces according to Minister Mutsvangwa who further elaborated that it will also include the issuance of title deeds to long-standing sitting tenants in local authority houses.
“Cabinet has further directed that the programme be extended to cover growth points and rural service centres.

The decision will result in accelerated rural infrastructure development and industrial transformation.”

Minister Mutsvangwa said the programme would be implemented through the whole-of-government approach, “which incorporates a working committee of officials and a special purpose vehicle comprising banks, engineering and construction companies in a public-private partnership arrangement to accelerate implementation of this programme”.

Named ‘‘Kwangu/Ngakwami Presidential Title Deeds Programme Consortium’’, the special purpose vehicle will, among others, undertake the provision of the financial and technical support required for the issuance of the title deeds; co-ordination for the floating of infrastructure bonds
for purposes of raising additional funding for the programme; and collection and management of funds.

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