Real Estate Investments Zambia Plc (REIZ) has maintained its cautionary position to shareholders as a legal dispute connected to Lewanika Mall continues before the Court of Appeal. According to official information made available to Zambian Business Times-ZBT, there has been no material change in the matter since its previous update, with the appeal against the High Court judgment of 9 December 2024 still ongoing. The case involves Cavmont FMO Corporation Limited, Forli Limited, the former owners of Lewanika Mall, and the City of Lusaka Football Club. The dispute stems from a legal action filed by a trustee of the City...
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