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 searching for a serene and modern living experience in Lusaka, Zambia? Look no further than this newly built housing complex in Roma Park, a highly sought-after gated community located in Lusaka close enough to essentials yet far enough from the noise of the city. This upmarket project boasts well-planned greenery and is designed to offer comfort and relaxation to tenants and visitors. The...

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...

Earth Day is an annual event celebrated on April 22nd to raise awareness about environmental issues and encourage people to take action to protect the planet. The first Earth Day was celebrated in 1970, and since then, it has become a global movement with millions of people participating every year. The theme for Earth Day 2023 is "Restore Our Earth", which focuses on restoring the planet's ecosystems...

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:...

Recently the Zambia Revenue Authority (ZRA), officially announced and clarified the applicable changes to tax on rental income following the adoption of the 2022 National Budget by Parliament in late December 2021. The announcement on the 12th of January by the ZRA was followed by a number of well-planned informational sessions including a Facebook Live presentation and a Zoom webinar among others. This short article is a summary of these comprehensive informational sessions to serve as a short guide...

Medici Land Governance (MLG), a subsidiary of Overstock, has inked a deal with the Zambian government as part of an ambitious land titling project within the African nation. According to a press release shared with CoinDesk on Friday, Medici has signed a seven-year contract with the Ministry of Lands and Natural Resources of the Republic of Zambia. The project will see the initial issuance of 4 million...

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When it comes to real estate investment, finding the right property is crucial for success. However, many investors struggle with determining the type of investment they want to make, which greatly influences the type of property they should target. This article focuses on finding a property for buying and flipping or reselling, purposes. Seek Bargains: Look for properties with excellent potential that...

Preparing for a Successful Open House If you’ve recently put your home on the market or plan to do so soon, your realtor may have recommended hosting an open house. Make sure to consult with your realtor to determine the best way to stage your home—on the inside and the outside. Here are some tips on how to host a successful open house. Inside your home When potential buyers visit open houses, they...