Zambia continues to attract massive investments across key sectors such as mining, agriculture, manufacturing, retail and real estate. At the height of development, for many developers, access to land is a tedious process. Interestingly, purchasing land in the CBD is even more limited; this is because prime urban land prices in and around Lusaka have surged dramatically due to intense competition among corporate, retail, and real estate investors. At the same time, the process of verifying records, transferring ownership, and securing consent from the Ministry of Lands and Deeds Registry involves tedious, bureaucratic procedures. Hence developers are exploring leasehold...
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