- June 10, 2025
- Posted by: Hope Kayuni
- Categories: General, News, Press Release
The National Pension Scheme Authority (NAPSA), through its investment arm, NAPSA Hospitality Investment Limited (NHIL), has received a dividend cheque worth K40 million, marking a remarkable return on investment from its hospitality portfolio.
The cheque was presented to NAPSA Director General Mr. Muyangwa Muyangwa during a media event held in Lusaka today.
NHIL owns four major hotel properties in Zambia:
- Garden Court in Kitwe,
- Stay Easy Lusaka,
- Hilton Garden Inn Lusaka, and
- Radisson Blu Mosi-oa-Tunya Livingstone Resort.
Together, these hotels have added 608 rooms to Zambia’s hospitality sector and created employment for over 770 people, while also supporting local farmers and suppliers with reliable markets for goods and services.
“This K40 million dividend is a clear demonstration that pension funds, when invested prudently, can yield real and sustainable returns while contributing meaningfully to national development,” said Mr. Muyangwa.
“We are pleased that this return is not just financial, it has also created jobs, boosted tourism, and empowered local suppliers. It is a win for our members and a win for Zambia.”
The dividend will go directly into the NAPSA fund, which currently stands at over K95 billion in assets under management.
Mr. Muyangwa assured members of the Authority that their contributions are being invested responsibly, with the aim of preserving value, securing benefits, and supporting national economic growth.
“To our members, this is your money working for you,” he added. “This milestone reflects our commitment to growing your pension while investing in Zambia’s development.”
This is a crucial point in NAPSA’s investment narrative and reinforces its commitment to diversifying its portfolio for both stability and impact.