MAKENI Heights CEO, Mumeka Wright, on the housing deficit situation in Zambia, by tryness tembo

MAKENI Heights Chief Executive Officer, Mumeka Wright says if the housing deficit situation is to be addressed, the mortgage rate must be in the range of 10 to 12 percent (preferably even lower) for the public to have access to affordable finance. Currently, Zambia’s housing deficit is estimated at 1.5 million units and is projected to …

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