regulation

Ministry of Lands Urges Compliance with New Land Administration System Lusaka, Zambia - August 13th, 2024 – The Ministry of Lands and Natural Resources is urging the public, both in Zambia and abroad, to comply with the legal requirements for land administration. Following the introduction of the Zambia Integrated Land Administration System (ZILAS) on May 17th, 2023, the Ministry has made significant...

Bank of Zambia Draft Currency Regulations 2024: Impact on Real Estate and Economy The Bank of Zambia announced its draft Currency Regulations for 2024, aiming to combat dollarization and strengthen the Kwacha's status as the sole legal tender for domestic transactions in Zambia. The regulations are open for public consultation and seek to address concerns around dollarization, which could undermine the...

Incorporated under the Societies Act, Chapter 119, the Zambia Property Owners Association (ZAPOA) is a pioneering 'not for profit' organization that has been a driving force in Zambia's commercial and industrial property sectors since its establishment on June 9, 2014. ZAPOA is more than just an association; it is a member-driven powerhouse that champions the interests of property owners, promotes...

Invest in International Real Estate Today - with BCA Properties Invest in International Real Estate today with BCA Properties and diversify your property investment portfolio beyond borders. If you’re looking to invest beyond borders, Dubai offers some of the best returns on investment (RoI) for your real estate investments. Dubai is a top destination for all sorts of travellers - business, leisure, 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...

The Profitable Market of Student Housing in Zambia: Exploring Investment Potential Are you aware of the incredible investment potential in student housing (boarding houses) in Zambia? In this article, we delve into interesting trends and facts that shed light on this niche investment opportunity. Zambia boasts a young and rapidly growing population, with an estimated 17 million people as of 2018, out of...

The process of buying property in Zambia involves an important document known as the contract of sale. This formal agreement outlines the terms and conditions under which a seller agrees to sell a property and a buyer agrees to purchase it. When drafting your contract of sale, there are five essential elements that you should consider: 1. Two Parties: A valid contract of sale requires at least two...

Water Resources Management Authority (WARMA), an autonomous body established by the Water Resources Management Act of 2011 in the Republic of Zambia. As the governing body for water resources in the country, WARMA plays a crucial role in your real estate matters related to water usage. Understanding the importance of water in Zambia, WARMA is your go-to authority for all water-related issues, in accordance...

Extension for Existing Water Borehole Registration - WARMA The Water Resources Management Authority (WARMA) would like to inform the general public that the deadline for registration of boreholes which is scheduled for 30 September 2018 has been extended to 31st March 2019. The extension has been necessitated by an overwhelming response in the last two weeks close to the deadline and the need to...