Prof Luke Mumba Vice Chancellor, UNZA Alumni Fund raising Dinner
Prof Luke Mumba Vice Chancellor, UNZA Alumni Fund raising Dinner

The University of Zambia (UNZA) Vice Chancellor, Prof. Luke Evuta Mumba says the Private Public Partnership (PPP) between UNZA and East Park Mall is one of the most profitable undertakings that the university has ever engaged in.

The UNZA Vice Chancellor said this in a congratulatory note to East Park Mall, which is managed by Graduare Property Development Zambia Limited, for winning the first prize in the Best Retail Development category at the 3rd Annual Africa Property Investment Summit (API-Summit) taking place at the Sandton Convention Centre in Johannesburg, South Africa from 2nd to 3rd October, 2019.

East Park Mall emerged winner after competing with Landmark Retail Boulevard from Nigeria and Cosmos Yopougon from Cote d’voire.

According to the Africa Property Investment Events (API-Events), who are the summit organisers, the API awards are established to recognise and promote excellence in Africa’s rising real estate sector and are a critical benchmark for measuring success for the industry.

API-Events further states that the awards provide peer recognition for the pioneering world class work and services being undertaken by the trailblazing real estate industry in Africa.

The East Park Mall is a University of Zambia (UNZA) undertaking under a Public Private Partnership (PPP) that has seen UNZA lease out part of its land to Graduare Property Development Zambia Limited in exchange for a percentage of the gross revenue per month arising from the occupancy of the various outlets at the shopping mall.

The PPP terms specify that when the lease period stipulated in the agreement expires, the mall will be transferred in full to the University of Zambia.

So far, UNZA has invested heavily in projects and income generating activities from proceeds of the partnership aimed at expanding its opportunities to attaining self-sustainability.

Of note, is the purchase of a state of the art Printing Press housed under UNZA Printer and the construction of a block of two ultra-modern lecture theatres each sitting a total of about 350 students. In addition, the development will house a computer laboratory, class rooms and office space to be completed in July 2020.

The UNZA Management is committed to engaging in partnerships such as the one with Graduare Property Development Zambia limited to ensure that UNZA attains self-sustainability for the promotion of the highest quality of teaching, research and community service for its Staff, Students and the general public.

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15 COMMENTS

  1. I dont think so. Give us figures of the deal and how much has been realised and how much has been invested where.

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    • Provide the students jobs during their vacations so they can earn some money to support themselves at the same shopping mall then you are really working for the interests of the students otherwise you as UNZA administration are just in it to profit personally.

      The same should be done in town say priority should be given to students from Evelyn Hone College to work at Levy Shopping Mall etc this is the most pragmatic way of assuring our youth that are pursuing formal education to better their lives and the future of the nation as a whole.

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    • The land was leased for 50 year, that is a very long period. The only winner here is the owner of the mall.

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  2. How many student hostels are these investors building for UNZA?
    You have a serious accommodation crisis.

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  3. As part of the PPP you should be looking to refurbish the university and making it competitive internationally then you can sing and dance about the fruitfulness of the partnership. We don’t want the profits to turn into lavish lifestyles of the management team. Make UNZA world-class and great again by overhauling the institution from the way it looks to the courses on offer. You need to plug the gap in the construction and manufacturing sectors. We have too many useless lawyers and accountants.

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  4. If it is profitable indeed what is there to show for it if students who wish to stay in UNZA can’t find accommodation and old buildings can’t be refurbished?? WHY NOT EVEN START BUYING OFF KALINGALINGA FOR FUTURE UNZA EXPANSION (AND YOU CAN THEN USE THAT AREA FOR FURTHER BUSINESSES TO GENERATE MORE MONEY,e g Mulungushi conference centre is going but there aren’t many hotels nearby so build one somewhere nearby)!

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  5. @future zed you have just read my mind on this one. As much as we appreciate the profits between the mall and university please work on the students achievements so as we can improve on world ranking especially africa.

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  6. Why did it take UNZA Management this long to get into PPP’s and how can a University with a design capacity of 4,000 student maximum be a home of over 27,000 student? Ba Professor, too much book work sir. Engage in in PPP’s that will focus on ring fencing your learning facilities, build more and modern campus student hostels and pay attention to the campus landscape and its maintenance otherwise you got mountains to climb. On academic front, let the research faculty of all Universities in Zambia be strengthened because these are high income generators and with good, strong and reputable research faculties, you will be attracting more students from other countries to come and learn here on commercial basis. Bushe imwe havent you been to top notch Universities in other countries?

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  7. How much ????

    This is typical of PF rule, no figures are released so they can steal more.

    Every where , never are figures released.

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  8. The East Park Mall is a University of Zambia (UNZA) undertaking under a Public Private Partnership (PPP) that has seen UNZA lease out part of its land to Graduare Property Development Zambia Limited in exchange for a percentage of the gross revenue per month arising from the occupancy of the various outlets at the shopping mall.
    WHAT % ?

    The PPP terms specify that when the lease period stipulated in the agreement expires, the mall will be transferred in full to the University of Zambia.

    HOW LONG IS THE CURRENT LEASE?

    you guys really play with your fellow citizens. you talk so much be saying nothing. you know you’re not sincere that’s why you leave out important information.
    unza is such a sorry sight. if it’s such a great deal, point to what you’ve accomplished so far. I…

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  9. I wonder the rogue UNZA students won’t trash the mall as it is 50% South African owned. They are only famous for trashing South Africa businesses which employs their own parents.

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  10. Even this month Lecturers’ Salaries are delayed. If it is indeed profitable, why not put forward a portion of that cash towards salaries so that PF maybe can pay the other part in time. If it is profitable, you should be moving towards self-sufficiency because your funder does not seem to be happy with the obligation. A friend of mine yesterday said if the salaries are not in by next week, then a go-slow may be instituted. In this day and era, we still have a University that is constantly closing or having classes disrupted. So that profitability should address real issues and it would help to release actual figures.

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