By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily NationDaily NationDaily Nation
  • Home
  • News
    News
    Stay informed with the latest breaking news, in-depth analysis, and exclusive reports from around the world. From politics and global affairs to science, technology, and…
    Show More
    Top News
    Chisenga Katongo urges declaration of ‘Kaunda Day’
    June 20, 2021
    Evelyn Hone launches 2022-2026 strategic plan
    February 24, 2024
    Kafubu Water owed K91m in unpaid water bills by government institutions
    February 25, 2023
    Latest News
    Zambians want second liberation – Mundubile
    August 5, 2026
    Capital markets key to SME funding – SEC
    August 4, 2026
     HH is President, should avoid street language – Mundubile
    July 29, 2026
    Flying Fish extols FIFA World Cup final experience
    July 28, 2026
  • Business
    Business
    Your go-to source for the latest in business, finance, and the economy. Stay ahead with market trends, corporate insights, and expert analysis on entrepreneurship, investments,…
    Show More
    Top News
    China stock swoon could boost US real estate
    March 6, 2025
    Why homeowners are leaving billions on the table
    March 6, 2025
    Lock in now! Stock sell-off sinks mortgage rates
    March 6, 2025
    Latest News
    HH directs Mopani, KCM to prioritise youth contracts
    August 5, 2026
    KCM pledges continuity in cultural preservation investment
    August 4, 2026
    EIZ sees investor boost from global recognition
    August 4, 2026
    World Bank urges reforms to unlock private sector growth
    August 4, 2026
  • Court News
    Court NewsShow More
    Shoppers can now pay with their mobile wallet at Zambia’s largest retailer 
    August 3, 2026
    LUSAMBO LOSES BAIL BID AGAIN
    July 26, 2026
    ConCourt petitioned to clarify candidate withdrawals
    July 16, 2026
    Kabesha seeks court clarity on independent candidates
    July 2, 2026
    Court extends Mwamba’s bench warrant
    June 24, 2026
  • Sports
    SportsShow More
    Flying Fish extols FIFA World Cup final experience
    July 28, 2026
    Eam Zambia boxers advance with 3 victories in Glasgow Games
    July 28, 2026
    creation.Copper Queens wind up Algeria camp with friendly
    July 22, 2026
    Bernadette Deka Zulu lands top global position
    July 3, 2026
    Immig FC caps dream debut season with trophy presentation to immigration chief
    July 2, 2026
  • Contact
Search
NEWS
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
  • Contact Us
  • Privacy Policy
© 2026 Daily Nation Zambia. All Rights Reserved.
Reading: Luburma market traders billed in dollars
Share
Sign In
0

No products in the cart.

Notification
Font ResizerAa
Daily NationDaily Nation
0
Font ResizerAa
  • Home
  • News
  • Business
  • Court News
  • Sports
  • Contact
Search
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
Sign In Sign In
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
📖 Read ePaper
Daily Nation > Blog > Luburma market traders billed in dollars

Luburma market traders billed in dollars

Daily Nation
Last updated: March 7, 2021 12:35 pm
Daily Nation
Share
5 Min Read
SHARE

Wed, 09 Nov 2016 11:53:36 +0000

 LUBURMA marketeers have been given a seven-day ultimatum in which to pay all outstanding rentals billed in dollars or face eviction, the ultimatum was given by

China Henan, the company that built Luburma market on a 65-year lease agreement with government. Traders at the market had sued the company for charging them exorbitant amounts for rentals at unverified rates which were also quoted in dollars saying the company was exploiting the locals. On 30th June this year, the High Court ruled in favour of the marketeers and ordered China Henan to immediately revert to billing their tenants in Kwacha but the company has defied the ruling and has told tenants to settle all the outstanding bills for rentals which were not paid during the period the issue was in court. The marketeers yesterday protested the company’s decision saying they had not refused to pay the outstanding rentals but that it was illogical for the company to bill marketeers in foreign currency. The rentals have accumulated to between K85,000 and K120,00 the the Chinese company is demanding that the amounts be settled in one instalment. Speaking during the protest on Monday, Market chairperson Theresa Kazembe wondered why government had remained mute over the matter and had failed to find a lasting solution despite Zambians being at the mercy of the Chinese firm.

Ms. Kazembe appealed to President Edgar Lungu to come to their aid as ministers had failed to look into the plight of the marketeers as the wrangles at the trading facility had continued for a long time making it difficult for the Zambians to operate. “These Chinese have openly told us that there is nothing government can do over the matter and that we were just wasting our time to complain about the slave conditions we are subjected to.

“We have a ruling here which compels them to quote us in Kwacha but they are still quoiting us in dollars even now and they have now given us a seven-day ultimatum to pay or be evicted. As we are speaking, then bailiffs have even been given an office on these premises and they have already started harassing some people and we don’t know what will happen by Saturday this week which is the last day for payment of arrears.

We have not refused to pay but there is no marketeer here who can afford K120,000 in one instalment,” Ms. Kazembe complained. And publicity secretary Dorothy Mainga said life was better when they were trading in an open market than the current situation as the facility was nolonger serving the purpose it was built for but the selfish interests of the Chinese. Ms. Mainga said the situation at the market needed urgent government intervention or marketeers will be left in the cold as the uncompromising management at China Henan seemed to have more power than those how were in government.

“This is our country but we have become slaves in our own country. This was supposed to be a mall but have you come across a mall with trading stands like these? Life was better before these people built this structure. Where do they expect us to go if we are removed from this market? If these Chinese can disregard the court ruling with impunity and our government is watching without doing anything, what is our hope?” Ms. Mainga asked. Efforts to get a comment from China Henan management proved futile as they were nowhere near the premises while their landlines went unanswered.

You Might Also Like

Nevers ignoring human rights abuses – Muhabi 

Musenge calls for lifestyle audit

Burkina Faso new leader Damiba gives first speech

GOVT SET TO REDUCE COST OF FISH FINGERINGS

Hard-boiled IMF/World Bank

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Previous Article M’MEMBE FACES BANKRUPTCY
Next Article COME AND GET ME … Kambwili dares ACC  
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
56.4kFollowersFollow
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

I am the best candidate for Chongwe West – Deka-Zulu
Local News Premium
August 6, 2026
HH condemns violence
Local News Politics Premium
August 5, 2026
Judicial independence key to fair election outcomes – CJ
Local News Politics Premium
August 5, 2026
HH directs Mopani, KCM to prioritise youth contracts
Business Community Local News Politics Premium
August 5, 2026
//

We influence over 2 million readers and are the most preferred news platform in Zambia.

Quick Links

  • Politics
  • Court News
  • Health
  • Millennium TV

Top Categories

  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Daily NationDaily Nation
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
  • Contact Us
  • Privacy Policy
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?