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Farai Kuvirimirwa Herald Reporter
Music promoter Josphat Hozheri last Friday had his three-bedroomed Bluffhill house sold at an auction for failure to settle a bank debt. This comes a few months after his Jazz 105 night club was also closed. Josh — as he is known in music circles — lost house number 2446 in Bluffhill that was auctioned by Ruby Auctions on behalf of the Central African Building Society (CABS) for US$77 000.
The house consisting of three bedrooms, two lounges, a dining room, kitchen, toilet and bathroom and built on a 938 square metres cited under case number SS134/13, was sold at Raylton Sports Club.
The bids started from US$15 000 and rose to the final figure, while pictures of the brown-painted house were being shown in the auction room.
The house has tip top developments such as aluminium doors, pavements and a rough spray cement security wall.
The final bidder could not hide his joy when he was announced the winner by waving his hands, while walking to the podium to sign the papers.
Some of the houses in Bluffhill sell for more than US$100 000 depending on the size of the land and developments on the property.
Josh is also the proprietor of Ice & Fire Pamuzinda formerly Pamuzinda Highway Xscape.
Recently, he made headlines after one of his shows, the Winter Jazz Festival, which was held at the City Sports Centre, turned out to be a massive flop.
The show attracted performers like Oliver Mtukudzi, Jah Prayzah and Sulumani “Sulu” Chimbetu, but failed to attract much interest from revellers.
A number of businessmen are losing properties after failing to service debts with banks.
Recently, Harambee Holdings chairman Mr David Govere, lost his Mount Pleasant single storey property that was auctioned for US$122 000 to settle a debt with Stanbic Bank.
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