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VAZ Members Approve ZMW 1.75 Million Redevelopment of VAZ House, to be Financed Without Borrowing

Back to News VAZ Members Approve ZMW 1.75 Million Redevelopment of VAZ House, to be Financed Without Borrowing

Members of the Veterinary Association of Zambia (VAZ)  have resolved to redevelop the VAZ House property on Obama Road, Lusaka, into a multi-purpose double storey building providing office and other commercial lettable space capable of generating sustainable income for the Association. The decision was taken at an Extraordinary General Meeting (EGM) held on the Zoom online platform on Wednesday, 29 July 2026. The resolutions take effect from that date and have been released to the membership for implementation.

The meeting was convened under Article 5 of the Constitution of the Association,  pursuant to the resolutions of the 82nd Annual General Meeting of 24 April 2026 , at which members declined to decide certain investment matters until they were supported by adequate technical work, consultation and documentation. That work has since been completed and was placed before the membership in the form of architectural drawings, bills of quantities, financing options and a business case.

The EGM was chaired by the President,  Dr. Eugene C. Bwalya, and commenced with thirty-three (33) participants. The Investment Committee report and the report on the Chibombo Agro-Vet Shop investment were presented by the Chairperson of the Investment Committee,  Professor Chisoni Mumba. The 2027 Supplementary Budget was presented by the Treasurer,  Dr. Edwin Sianzinda.

What members decided:

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