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Ndola-Central MP halts sale of Premium Plaza Flats

• Failure to implement stringent property management rules that can keep properties to look after retirees in a certain condition.
• On this particular aspect I stand with the people of the Premium Plaza
• Looming sale of the property has left Tenants unsettled.

Ndola Central Member of Parliament says it is not too late to reconsider bringing to halt the process of selling ZSIC life owned property Premium Plaza Flats that houses over 128 families in Ndola as government delve to investigate other better ways to help the company improve on their liquidity.

Frank Tayali said problems such as sale of Premium Plaza Property in Ndola are as a result of failure to implement stringent property management rules that can keep properties meant to look after retirees in a certain condition.

Mr. Tayali emphasized on conditions which allows for commensurate incremental rental values that have either been neglected or ignored arguing that the problems may not arise due to citizens who are occupying g the property.

Mr. Tayali who is also Transport and Logistics Minister noted that he had conferred with both ZSCI life and the Industrial Development Corporation (IDC) to be brought to an understanding as to what compelled the state insurance company to get to a stage where the property is up for grabs and implications of over 128 families and their members being affected adding that it is government’s duty to guarantee accommodation to citizens among other things.

“I am of the opinion that it is not a matter of urgency that we must revert to offloading a property such as premium plaza where so many of our citizens are dependents as accommodation because we have a fallback position,” he stated

The Minister says he is also fully aware of the process and the stage that it has reached.

According to him, “It is not too late that we reconsider and essentially bring the halt to this process as we delve to investigate other better ways in which we can help ZSIC life improve on their liquidity.”

“I am basically here as your area MP to receive this petition and seek an audience with the head of state who is the Father of the nation and who also strategically seats as the IDC Board Chairperson,” further emphasizing that in seating together with the Head of State, a lasting solution will be found.

“On this particular aspect I stand with the people of the Premium Plaza,” he stated.

Speaking earlier representative of the Kasenshi Premium Plaza Flats of Ndola who presented the petition Hilton Katebe said looming sale of the property has left Tenants unsettled owing to conducts of their landlord that has not offered them to purchase the property regardless of them being financially ready in accordance with the floor price seeing that they also had found an institution to come on board to pay the money.

Mr. Katebe says families with over 18 shops on the property are aggrieved indicating that,

“Our landlord being a Zambian did not state any keen interest to look at these aspects of how this sale will impact negatively the community at premium plaza, even the political aspects” on how the seating political party will be deemed and aspirations of the current government,” he stated.

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