AUTHORITIES, through the ministry of Industry, have re-established the Commercial and Industrial Premises Rent Boards for the Southern and Northern regions to address rising disputes and ensure fair rent determination for business properties.
This development comes after the absence of these boards had left many business owners, particularly small to medium enterprises (SMEs), at the mercy of exploitative property owners and real estate agencies who were charging uneconomical rates.
The Northern Region Commercial and Industrial Premises Rent Board covers Harare, Mashonaland East, Mashonaland West, Mashonaland Central, Manicaland, and the Midlands Provinces, while the Southern Region Board oversees Bulawayo, Masvingo, Matabeleland North, and Matabeleland South Provinces.