NAPSA’s Hotel Portfolio Delivers K40M Dividend
The National Pension Scheme Authority (NAPSA) has recorded a significant milestone after its hospitality investment arm, NAPSA Hospitality Investment Limited (NHIL), delivered a K40 million dividend.
The payout underscores the success of NAPSA’s strategic investments in Zambia’s tourism and hospitality sector, generating strong returns for pension contributors while driving economic growth.
NAPSA Director General, Mr. Muyangwa Muyangwa, received the dividend cheque during a media briefing in Lusaka, highlighting how prudent investments are securing sustainable returns for members.
“This K40 million dividend demonstrates that pension funds, when invested wisely, can yield real benefits while contributing to national development,” said Mr. Muyangwa. “Beyond financial gains, our investments have created jobs, boosted tourism, and supported local suppliers—proving that responsible investment is a win for our members and Zambia.”
NHIL owns four major hotels across Zambia:
Garden Court (Kitwe)
Stay Easy Lusaka
Hilton Garden Inn Lusaka
Radisson Blu Mosi-oa-Tunya Livingstone Resort
Collectively, these properties have added 608 high-quality rooms to Zambia’s hospitality sector, employed over 770 Zambians, and provided a steady market for local farmers and suppliers. The Radisson Blu in Livingstone, in particular, has strengthened Zambia’s appeal as a premier tourist destination.
The K40 million dividend will be channeled into the NAPSA fund, which currently manages assets worth over K95 billion. Mr. Muyangwa reassured members that their contributions are being invested responsibly to safeguard their future while stimulating economic growth.
“To our members, this is your money working for you,” he emphasized. “This achievement reflects our commitment to growing your pensions while investing in Zambia’s prosperity.”
The dividend payout reinforces NAPSA’s strategy of diversifying its investment portfolio to balance stability, growth, and national impact. By venturing into real estate, tourism, and other key sectors, NAPSA is not only securing retirees’ futures but also playing a pivotal role in Zambia’s economic development.
