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Alba Iulia
Tuesday, June 22, 2021

Records to lease out Luburma market to an investor for 65 years go missing

General News Records to lease out Luburma market to an investor for 65...

Chairperson of the Parliamentary Committee on Communication, Transport, Works and Supply Kapembwa Simbao
Chairperson of the Parliamentary Committee on Communication, Transport, Works and Supply Kapembwa Simbao

PARLIAMENT on Wednesday evening heard that records on the contract to lease out Luburma market in Lusaka’s Kamwala area to an investor for 65 years have gone missing.

Winding up debate on the on the report of the Committee on Communications, Transport, Works and Supply, Chairperson of the committee and Senga Hill MMD member of parliament Kapembwa Simbao said all records in the Luburma market deal were lost.

He said the committee followed up with records concerning the contract between the Chinese investor and the LCC who signed the contract with the investor to see exactly what transpired but there were no documents to that effect.

The committee recommended that the Luburma market deal should be renegotiated so that the Zambian people could benefit from it.

It was not clear who was behind the negotiation of the Luburma market concession 15 years after the project was done.

Mr Simbao said there was need for the Government to revisit the public private partnerships so that the Government and the Zambian people do not lose out.

He urged Government to take up the matter and establish where the documents in the PPP involving Luburma market were to enable it look at terms and conditions contained in the contract and assist map the way forward.

The 65 years lease of Luburma market has come under attack by many stakeholders who have said it was unacceptable.

Chongwe PF Member of Parliament, Sylvia Masebo told the House that the revelations by the committee on the 65 year Luburma concession for a structure that would not even last that long were shocking.

She called on Government to be cautious when entering PPPs to avoid raw deals.

9 COMMENTS

  1. Let those docs. never be found how can we lease for 65yrs , it simply means all zambians above the age of 10 wont be alive by then to claim the market. Even all opposition leaders will be gone by that time, its too ong

  2. For sure , what is wrong with us Zambians… why and how on earth can you give a very busy market for 65 years free? Un believable guys. Simbao was there in MMD when RB was making these deals…..what a country full of nonsense. Please get back the market , the 15 years they have operated is enough to pay back their investment. PF please don’t also behave like the MMD in the many deals you are making.

    Peace and Prosperity to mother Zambia.

    • The Lusaka City Council has been under PF since 2006 namely, eight years. The Council negotiated the contract. Let the PF Government renegotiate if that is what they want. While at it what have the public benefited from Zamtel since it was nationalised. We have even lost the Company tax on profits.

  3. Well done Mr Simbao………Errors done in the Previous Government has to be CORRECTED….!!! It doesnt matter even if u were there. I KNOW U WERE not given a ROLE to play by then.

  4. @truth hates,Rb was not president or vice president when the said market was being constructed,simple math’s,pf 2.5 yrs + rb 3 + rb VP 3 yrs =8.5 years.luburma market has been in existence for the past 15 years

  5. Please go to Ndola as well and find out about lowenthal theatre? We hear it was also leased for 90 years. Also Ndola swimming bath , what happened to it?

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