Sam Levy’s Village Owners Address US$120 Million Sale


Sam Levy’s Village For Sale?: Pam Golding Issues Unexpected Statement

Sam Levy’s Village owners have addressed the swirling rumours that Zimbabwe’s premier shopping complex is up for sale for a mouthwatering US$120 million.

Also read: Movie Lovers Express Disappointment as Ster-Kinekor Zimbabwe Announces Closure of Iconic Sam Levy Village Cinema Branch

Rumours of a Sale Spark Reactions

On Monday, reports emerged that the Levy family is selling the shopping complex after owning it for 34 years. It was further alleged that the family was willing to accept US$95 million in cash, provided it was paid offshore. These claims sparked a flurry of reactions on social media. Some users saw it as a sign of Zimbabwe’s deteriorating economy, while others questioned the offshore payment requirement. Here are some of the reactions:

@tinanyams:

This is bad news. It’s an indication of the failure of the economy. The nation continues to go downhill

@JamesChinyahara:

Every normal business is exiting Zimbabwe courtesy of rubbish policies.

@SerTazzy:

No one is suspicious about the “Offshore” part? Who’s trying to move their money out of the country and looking for a legitimate way to???

Also read: UPDATE:Hulabaloo at Sam Levy Village as Angry mob rescues ‘kidnapped’ child from Mercedes Benz car Boot

Pam Golding Properties Zimbabwe Clarifies on Sale of Sam Levy’s Village

Pictures of a presentation suggesting the sale, reportedly facilitated by renowned real estate group Pam Golding Properties Zimbabwe, circulated on social media.

In response, Pam Golding Properties Zimbabwe took to their Facebook page to dismiss these reports as false. They clarified that the Levy family is not selling Sam Levy’s Village through their agency or any of their agents.

“We have taken note of the information circulating on social media regarding the purported sale of Sam Levy’s Village. The same was not issued out by the owners or their agents and should be disregarded,” Pam Golding Properties Zimbabwe stated.

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