Lusaka South MFEZ Declares K10.4 Million Dividend After Strong 2025 Performance
The Lusaka South Multi-Facility Economic Zone Limited (LS-MFEZ) has declared a K10.4 million dividend to its shareholders following a strong financial and operational performance in the 2025 financial year.
This marks the fifth time the company has paid dividends, reflecting continued growth and stability.
According to the company’s financial results, revenue increased by 3 per cent to K151.19 million, up from K146.78 million in 2024. Gross profit also rose to K89.6 million, compared to K80.6 million the previous year, signalling improved operational efficiency.
However, operating profit declined to K20.1 million from K31.2 million in 2024, while net profit stood at K23.2 million, down from K29.1 million recorded in the previous year.
Speaking during the company’s 6th Annual General Meeting (AGM), Board Chairperson Boster Chiyaba said the company was pleased to reward shareholders once again, noting that it had exceeded its internal performance targets.
He said the results demonstrate steady progress in strengthening the economic zone into a commercially viable and sustainable enterprise, adding that the Board remains committed to achieving over 90 per cent performance against set targets.
Acting Managing Director Inonge Noyoo-Gondwe highlighted key milestones, including the onboarding of Indo Zambia Bank as the Zone’s first commercial investor. Construction of a full banking facility is expected to begin this year.
She also pointed to infrastructure development, including the Libala Water Works Project, for which the company secured K49 million financing to construct a bulk water pipeline aimed at boosting water supply for industrial use.
Investor confidence remained strong in 2025, with 28 new investors onboarded and 118 hectares of land allocated, further strengthening LS-MFEZ’s position as a leading industrial hub. These investments resulted in the creation of over 5,000 jobs, bringing total employment within the Zone to 39,000 jobs to date.
Currently, 39 industries are operational within the Zone, while 19 investors are constructing facilities. The total cumulative investment value has reached approximately US$2.04 billion, highlighting the Zone’s growing contribution to Zambia’s industrial development.
Looking ahead to 2026, Mrs Noyoo-Gondwe said the company will focus on accelerating revenue growth and improving services to investors. Key priorities include the rollout of power distribution services following a licence from the Energy Regulation Board and a 10-year Power Purchase Agreement with ZESCO Limited.
She added that plans are underway to develop warehouse infrastructure to diversify revenue streams and enhance support services within the Zone.
LS-MFEZ continues to play a key role in Zambia’s industrialisation agenda by attracting investment, creating jobs, and supporting sustainable economic growth.
