Accountants Park
Plot No. 2374/a
Thabo Mbeki Road, Lusaka
(+260) 211 374 551-9

ZICA Properties Limited


In order to diversify its income base and add more value to its members, the Institute procured 103 hectares of land situated on Lots No. 19992/M and Stand Number F/9012/A, Livingstone and intends to develop the land to construct “The Shuungu Namutitima International Convention Centre”. In addition to the International Convention Centre, the Institute intends to develop a 5-Star Hotel, a 3-Star Hotel, 10 Presidential Villas and an 18-Hole Championship Golf Course. The Convention Centre will comprise 12 meeting rooms for breakaway sessions, 2 Board rooms and a detachable auditorium with a total capacity to host 5,000 guests, an art exhibition centre, a cultural centre and an observation wheel (Livingstone Eye) offering viewers with a spectacular experience of the city of Livingstone, the Victoria Falls, the mighty Zambezi River including other tourist attractions in Livingstone and Victoria Falls Town.

Expression of Interest

The Zambia Institute of Chartered Accountants (ZiCA) has received financing from the Ministry of Finance under the Public Financial Management Reform Program (PFMRP) Project, which is supported by the Multi Donor Trust Fund (MDTF) financed by DFID, Germany (KfW) and Finland” and administered by the World Bank towards the cost of strengthening the professional accountancy qualification offered by ZiCA and intends to apply part of the proceeds for procurement of this consulting service.

The consulting services (“the Services”) include the development of learning materials for the CA Zambia professional qualification within six (6) months before the end of January 2017 as per Terms of Reference.

ZiCA now invites eligible consulting firms (“Consultants”) to indicate their interest in providing the Services. Interested consulting firms should provide information demonstrating that they have the necessary and relevant experience to perform the Services.

The consulting firm should be reputable and internationally recognized in developing accountancy qualification learning materials.

Advert for Expression of Interest

Request for Proposal


The Zambia Institute of Chartered Accountants (ZICA) is a self-regulated membership body for the accountancy profession in Zambia that was established under the Accountants Act of 1982, and as repealed and continues to exist under the Accountants Act of 2008.  Its primary mandate is to promote the accountancy profession through the regulation of the accountancy practice and education in Zambia.

ZICA now invites detailed proposals from firms/consortia to undertake the development of hospitality facilities including five-star hotel, three-star hotel, international convention centre, presidential villas on a Design, Finance, Build and Transfer (DFBT) arrangement as defined in this Request for Proposals. ZICA reserves the right to enter into a separate Lease Management Contract, a Management Contract and/or a Service Contract with the preferred bidder who undertakes the DFBT agreement or select a separate entity or entities to undertake the Lease Management Contract, Management Contract and/or Service Contracts as the case may be, based on the Operations and Maintenance Scheme submitted as part of the Technical Proposal of the preferred bidder.

Full Copy of RFP for Development

Stakeholders unanimously accept Shungu Namutitima Project

Stakeholders in Livingstone have unanimously accepted the proposed construction of 5, 000 – capacity Shungu Namutitima International Convention Centre, a five star and a three star hotels. China State Construction Engineering Corporation Limited was engaged by the Zambia Institute of Chartered Accountants to construct the various facilities including 10 presidential villas to be developed on 103 hectares of land.

The residents of Mukuni Chiefdom and other stakeholders expressed happiness about the proposed project. The residents were happy to hear to hear from project promoters that the project would create 1, 000 jobs, saying there was need to ensure that most people were employed in the chiefdom. This came to light on 1st February, 2019 during a scooping meeting to get views from the local people and other stakeholders at Simukale Ceremony Centre in Mukuni Chiefdom as part of the process to come up with an Environmental Impact Assessment report to be submitted to the Zambia Environmental Management Agency (ZEMA).

Joseph Siachibuye from Keebeka Village of Mukuni Chiefdom said the proposed investment were exciting and inspiring to most people as young ones were expected to be unemployed during the process. Chief Mukuni said he would accept whatever the residents as well stakeholders were going to accept and reject the project, if the residents and stakeholders rejected it.  ZICA CEO Bonna Kashinga said the Institute would ensure to build capacity among the local people so that they participate in various job opportunities which would arise in the process.

EIA Scoping Meeting Invitation

Please view the invitation for the EIA Scoping Meeting by clicking on the adjacent link.

Signing of Construction Contract

The Zambia Institute of Chartered Accountants (ZICA) has signed a contract with China State Construction Engineering Corporation Limited to construct a 5,000 capacity Shungu Namutitima International Convention Centre as well as a five (5) star and three (3) star hotels in Livingstone.

Other facilities to be developed on the 103 hectares of land include 10 presidential villas, an 18 –hole champion golf course and an observation wheel known as Livingstone eye which will be offering viewers a spectacular experience of the city including Victoria Falls and the Zambezi River.

In 2014, ZICA launched the ground breaking ceremony for the construction of the said facilities at a cost of US$ 300 million, but the Institute is yet to come up with an updated cost later this year.

Speaking during the visit, ZICA President Jason Kazilimani said he was happy that a contract had finally been signed with the contractor to construct various infrastructures in Livingstone.

Mr. Kazilimani said   the contractor would be supervised by the architects for the project, Green Code Architects headed by Mr. Kelly Kalumba. He further said the Environmental Impact Assessment would be done soon to pave for the development of the project.

“These facilities will be a game changer in Livingstone in terms of attracting local and foreign tourists. In four (4) years’ time, we should have made substantial progress to complete the project,” Mr. Kazilimani said.

And China State Construction Corporation Limited Zambia branch contract manager Chen Bowei said he was happy that the contract had been signed with ZICA as the move would attract more tourists to the city.

Mr. Bowei said his company was the biggest construction company in the world and the firm had the ability to undertake the ZICA project. He further said his firm was expected to complete the project in the next four years once all modalities were finalised.