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Key Features of Property Insurance In the world of insurance, home insurance policies are often one of the most comprehensive ones. Typically, a home insurance policy will provide all-round protection which covers you, your house, your family members and also any liability which may arise. The case may not be so with other types of policies like auto insurance policies which only cover third party...

Property Insurance for Your Property in Zambia Property insurance is an insurance product that provides coverage for a building structure(s) and its contents against natural or manmade calamities. The coverage provided by the property insurance is not fixed and often varies depending on the type of insurance taken and the needs of the consumer. To begin with, property insurance is essentially...

Press Release: Addressing Corruption Vulnerability in Zambia's Land Sector. Transparency International Zambia (TI-Z) has brought attention to the significant risks and vulnerability to

Hot Tips to Make Your Property Rent-Ready Getting your property ready for rent is crucial for attracting and retaining quality tenants. In a competitive rental market, it's essential to maintain your property to ensure it stands out among the rest. Here are some tips to help you prepare your property for rent: 1. Create a Wow Factor: Highlight the lifestyle your property offers by creating an inviting...

When it comes to homeownership in Zambia, one of the key decisions to make is whether to buy an existing property or embark on the journey of building a new home. Although building is often the default route taken by most potential homeowners currently, both options have their advantages and considerations that you should carefully evaluate. Let’s explore some of the pros and cons of buying versus...

Are you a landlord in Zambia? It's crucial to understand your tax obligations when it comes to rental income. Rental income is subject to taxation in Zambia, and compliance is essential to avoid penalties. In this comprehensive guide, we'll walk you through everything you need to know about rental income tax in Zambia. Understanding Rental Income Tax in Zambia: Rental income tax refers to the tax...

As the year unfolds, it's crucial to set goals in various aspects of our lives, including education, career, and business. However, one area that should not be overlooked is real estate. Why? Because real estate not only serves as a foundation for financial freedom but also provides a sense of security and leverage. As you embark on defining your goals for the year, take a moment to ponder key questions:...

What is an Exchange Rate and What Does It Mean? The exchange rate is defined as “the value of one nation's currency versus the currency of another nation or economic zone.” For example, the value of US $1 is the equivalent of K13.29* (Zambian Kwacha). Exchange rates change day to day, and for anyone traveling or working abroad, the exchange rate can have significant impact on your living expenses and...

Money Management Strategies For Those Working Overseas Managing your finances while living abroad can be challenging. Overseas workers often find their personal wealth suspended across borders, with bank accounts in different countries and income in different currencies. Taxes, transaction fees, currency conversions, and restrictions around opening a bank account are common headaches an overseas worker...

Finance Tips: How To Save More And Spend Less Abroad Visiting a foreign country is exciting. The best way to experience everything a different culture has to offer is by going out to eat, visiting historical sites and museums, taking tours around, and going to events. Going on vacation is one thing; living abroad in a foreign country is another matter. Splurging a little while seeing the top-rated...