Home Africa News Flag Raised Over KVG, Jah Prayzah’s New Fancy Homes

Flag Raised Over KVG, Jah Prayzah’s New Fancy Homes

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A red flag has been raised over the deals that got top musician Jah Prayzah, and Star FM Disc Jockey Kudzai Violet Gwara better known as KVG fancy homes in Borrowdale.

Jah Prayzah and KVG were recently pictured at red carpet ceremonies being handed over keys to their newly acquired properties at Pokugara Estate in the leafy suburb of Borrowdale in Harare.

However, one Dr Controlla Gabi, questions the type of lease agreements being offered by the Kenneth Raydon Sharpe owned company Pokugara Properties.

Dr Gabi is of the view that Pokugara Properties might be selling its plushy Pokugara Estate houses using an outdated concept which is being phased out in the United Kingdom.

Gabi said Pokugara Properties was using a “Leasehold” arrangement means that when one buys a property, ownership of the land remains in the hands of the seller and attracts monthly rentals.

Leasehold also has a tenure period and once it expires the ownership of the property reverts to the original owner.

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