Real Estate, Real Estate investments Zambia (REIZ)November 30, 2021

Conference of the Parties 26 Implications for Real Estate Investments Zambia
The 26th edition of the Conference of the Parties (COP26) concluded with over 200 countries participating over a two-week period of negotiations. The key areas of the COP26 deal include “slashing carbon dioxide emissions by half by 2030; rules that hold countries accountable for progress or failure in achieving these goals and phasing down unabated […]

Construction, Real EstateNovember 9, 2021

Zambia National Building Society Launches the ‘Bwela Timange’ Mortgage Promotion
The Zambian National Building Society (ZNBS) was established by the government of the Republic of Zambia on 24th December, 1970 under the Building Act of 1968. The society was formed with the mandate of mobilizing financial resources to invest in mortgages with the aim of increasing the country’s housing stock. With that in consideration, the […]

Real EstateNovember 4, 2021

Speech by Acting Chief Financial Officer Mrs Choolwe Natala Lungu at Lafarge Zambia and ZNBS MOU Signing Ceremony
I wish to express my gratitude to you all for taking the time to come and join us at this special event. We also welcome you all here at Lafarge Head office in Chilanga. We are happy to announce the partnership between Lafarge and ZNBS on the Bwela Timange Mortgage promotion. The partnership will allow […]

Finance, Real EstateNovember 2, 2021

Meet Mildred Mutesa – Woman Extraordinaire
Mildred Mutesa is a mother, wife, sister and friend who works as the Managing Director of the Zambia National Building Society. She holds an MBA from Edinburgh Business School – Heriot-Watt University, as well as an accountancy degree from The Copperbelt University. A true definition of beauty with brains, a warrior, a dreamer, and an […]

Real Estate, Real Estate investments Zambia (REIZ)May 29, 2021

Real Estate Investments Zambia forecasts lower loss per share at full year 2020
Real Estate Investments Zambia Plc has advised shareholders that it expects to have a lower basic loss per share when it publishes its audited financials for 2020, according to a statement from the company. “In accordance with the Lusaka Securities Exchange Limited (“LuSE”) Listings Requirements, the Board of Directors advises the Shareholders of Real Estate […]

Economy, Real EstateNovember 15, 2020

FUTURE OF HOUSING IN ZAMBIA AND THE IMPORTANCE OF MORTGAGE PRODUCTS
Dear Founder, The national housing deficit in Zambia currently stands at 2.8 million housing units and is projected to double in the next five years. With a population of 57 percent under the age of 35 years old, the future of the housing sector in Zambia is very bright and is one of the most […]

Real Estate, Real Estate investments Zambia (REIZ)October 23, 2020

Moses Vera exits; Urvesh Desai enters the REIZ Boardroom
Property developer Real Estate Investments Zambia (REIZ) has announced the departure of its Acting CEO and has ushered in a new CEO to take over, according to a statement from the company. “In accordance with the Securities Act No. 41 of 2016, the Board of Directors (“the Board”) of Real Estate Investments Zambia Plc (“REIZ” […]

Real Estate, Real Estate investments Zambia (REIZ)October 23, 2020

REIZ | STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2020
In compliance with the requirements of the Securities Act No. 41 of 2016 and the listing rules of the Lusaka Securities Exchange, Real Estate Investments Zambia PLC announces the financial results of the Company and its subsidiaries (collectively referred to as the Group) for the six months ended 30 June 2020. These interim financial results […]

Real EstateOctober 5, 2020

Why Boards need not look beyond the pond – Mildred Mutesa’s ascension to the building society throne
In September 2020, after a nine-month wait for the confirmation of a CEO, Zambia National Building Society’s Interim Board announced the appointment of Chartered Accountant Mildred Mutesa as Chief Executive Officer. Following the exit of Joseph Chikolwa on 3rd January 2020, the David Nama led Board’s announcement of Mildred as Acting CEO signaled the lender’s […]

Real Estate, Real Estate investments Zambia (REIZ)June 21, 2020

Sydney exits the REIZ Boardroom
Real Estate Investment Zambia will not be entering into a subsequent employment contract with its CEO Sydney Popota following the expiration of his contract, according to a statement from the Group. “In accordance with the Securities Act No. 41 of 2016, the Board of Directors (“the Board”) of Real Estate Investments Zambia Plc (“REIZ” or […]