HomeLink Services helping Zimbabweans in the Diaspora! Who are you kidding?
Get out of Here!
A brain child of the Reserve Bank of Zimbabwe. It was established more than three years ago, started as a money transfer system and has transformed into an investment vehicle for Zimbabweans in the Diaspora, so they want us to believe.
Homelink current products include the Homelink Housing Scheme and the Money Transfer Service.
These products are targeted at Zimbabweans in the Diaspora. For the Housing scheme, loans are disbursed in Zimbabwe. In Zimbabwean Dollars, whilst repayments are in foreign currency. So who is benefiting here? You get useless Zimbabwe dollars which can not buy anything, in exchange for your hard earned foreign currency. Why don’t they give you building materials instead? They know they are ripping you off.
So, who has used homelink before? Who is currently using homelink? Does it have any success stories? You work hard for your money, so use it wisely.
Homelink private limited says it will broaden its product range as it seeks to harness more foreign currency inflows into the country from Zimbabweans living abroad.
Homelink is said to have identified the following products to be targeted at 3 million Zimbabweans living in the Diaspora.
Funeral Schemes
Export Home Products, I don’t know if they mean Chibuku(scud). Because there are many of these home products already available in the Diaspora.
Insurance Schemes and Health Care Schemes.
“These products are meant to save the interests of Zimbabweans living outside the country, and also the country will benefit from foreign currency inflows”.
The officials at Homelink want us to believe they are coming up with new products for Zimbabweans living in the Diaspora! In fact there are people already providing those services and products.
The problem with Homelink people is they think they can fool everyone. All they are interested in is getting your hard earned forex. Who can say they got a better deal from the Homelink Housing Scheme. People got loans in Zimbabwe Dollars which did not even cover the full costs of the building those houses, yet they are still repaying those loans in foreign currency.
Let’s face it; these guys are in it for their own benefit.
Latest exchange rates on homelink website:
Pound $58 743
Rand $4 451.86
USD $30 000.00
Pula $5 055.00
What Do You Think? Your Opinion is very important feel free to post your comment.
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February 8th, 2008 at 9:36 pm
Very interesting. I always thought that was a rip off. So if you have a loan with them, you have not choice but to pay it off right? That’s sad, very sad.
February 9th, 2008 at 11:50 am
Rip off!! I’m sure most people who jumped onto this Homelink thing must be regreting now. But well it’s too late, sorry and sad they can’t get out.
Feel sorry for someone I know who has been paying £600 for neary 3 years now..
December 1st, 2008 at 7:21 pm
guys wat about people like me id love to buy a house back home but my relatives wer enjoying my money,i was giving them money to build a house but they wer all lies, so does anybody know people who can buy you a house and then you will be paying bit by bit? please help me wat can i do?
December 2nd, 2008 at 11:59 am
@Anonymous…In matters which involve money you just have to be carefull who you deal with, even if it’s your relative.
As for buying a house in Harare there are reliable estate agents who can assist you get a property.
April 1st, 2009 at 9:25 pm
I bought a house via homelink and am positive I got a good deal. You cannot get a meaningful house on the market for £25000 but I got a good one in Greendale and only pay £300 monthly. For me, HOMELINK NDIZVO
April 28th, 2009 at 8:36 am
I’ve got my surburb in Mount Pleasant which started off at £1200 per month now its just £500 per month and guess what, the property is worth USD340 000 saka anoti homelink, homelink ndezvake izvo, more offers from Homelink pse – at least they’ve come up with something tangible and transparent, Homelink NDOOZVO!!