Public–Private Partnership in Zambia: The regulatory regime

The new dawn government’s economic agenda, as echoed by the new Republican President on numerous fora, is anchored on ‘promoting joint ventures’ between Zambians to drive economic growth. The trade and investment generated though such joint ventures will be the driving force for jobs, business opportunities and other related aspects of social and economic development. […]

Succession Planning and Property Law in the Midst of Death

One of the saddest realities of the COVID-19 pandemic, which has ravaged all of us, is death. As sad as death may be, it results in legal challenges for the living which cannot be ignored. One of those most prevalent challenges is how to deal with the estate of the deceased. At law, a person […]

A Regulatory and Policy Analysis of Cryptocurrency in Zambia

1.0. IntroductionNew technologies are driving transformational changes in the global economy, including on how goods, services, and assets are exchanged. The development of monies and a variety of payments systems throughout history have helped to make exchange more efficient and secure. The rapid spread of Internet-based commerce and mobile technology–supported by advances in encryption and […]

Zambian Corporate Finance Options and the Securities (Commercial Paper) Guidelines 2020

Ever since over 150 years ago when New York merchants began to sell their short-term obligations to free up capital to cover short term obligations, Commercial Paper has never lost its relevance in the competing corporate finance options.  Commercial Paper, which is really short-term unsecured promissory notes issued by companies, remains relevant even in Zambia […]

Chief Executive Officer, Executive Director and Managing Director: Legally

While it is common for the words chief executive officer, executive director and managing director to be used as synonyms, at law, they are completely different offices with different legal ramifications. In this article, we set out to briefly discuss the positions and their ramifications according to the Companies Act, 2017. At law, the business […]

Business Rescue vs. Schemes of Arrangements and Compromises: Drawing the Lines

When a company faces financial distress, as is common during these Covid-19 times, a few options are available to the company itself and its stakeholders like creditors and members to turn the situation around. Here we highlight business rescue proceedings on the one hand and schemes of arrangements and compromises on the other hand provided […]

Expropriation and Its Numerous Shades of Gray

With the passage of the Electricity (Common Carrier) (Declaration) Regulations, 2020, Statutory Instrument No. 57 of 2020 by the Minister of Energy, declaring the transmission and distribution lines operated by the Copperbelt Energy Corporation (CEC) commons carriers, many questions from investors and bystanders alike have been asked whether this is some of expropriation by the […]

Professional Bio

Mr. Lungisani Zulu

partner

Mr. Lungisani Zulu (Partner – Banking, Tax and Finance) is a highly experienced legal practitioner with expertise in banking, financial services regulation, tax, and corporatebfinance. He holds a Master of Laws (LLM) in International Commercial Law from Cornell University School of Law, New York and a Bachelor of Laws (LLB) from the University of Zambia (UNZA)

He is an Advocate of the High Court of Judicature for Zambia with rights of audience before the Court of Appeal, Constitutional Court, and Supreme Court of Zambia, and is also a Commissioner for Oaths and Notary Public.

Mr. Zulu has over 15 years of standing on the Roll of Legal Practitioners in Zambia and possesses extensive experience in financial services regulation, legislative drafting, and corporate and commercial law. Having previously served as Associate for Tembo Ngulube and Associates and as Senior Counsel for the Bank of Zambia, his core competencies include banking and finance transactions, regulatory compliance, policy formulation, legal drafting, contract negotiation, and dispute resolution.

He has significant expertise in advising on financial laws, regulatory frameworks, and capital markets, as well as in providing legal support in litigation and arbitration matters. His practice also encompasses corporate governance, board advisory, and complex commercial transactions.

Mr. Zulu server as President of the Law Association of Zambia (LAZ) and also serves as President of savannah Law Network and a member of the Chartered Institute of Arbitrators (UK) and the Institute of Directors of Zambia and sits on the boards of both public and private companies.

Professional Bio

Ms. Chiluba Mumba

managing partner

The Firm’s Managing Partner, Ms. Chiluba Mumba, is a highly accomplished legal practitioner with primary expertise in Energy, Mining, Infrastructure, and Corporate Advisory. She holds a Master of Laws (LLM) in Corporate and Commercial Law from the University of London and a Bachelor of Laws (LLB) from the University of Zambia (UNZA). She is an Advocate of the High Court of Judicature for Zambia with rights of audience before all Superior Courts.

Ms. Mumba has over 15 years of standing on the Roll of Legal Practitioners in Zambia and has extensive experience in corporate and commercial law. Her core competencies include corporate advisory, regulatory compliance, project structuring, contract negotiation, and risk management, particularly within the energy, mining, and infrastructure sectors.

Previously she served as Associate for various firms and as Director Legal for the Energy Regulation Board. Her work experience spans across the energy sector in particular, electricity, petroleum, and renewable energy, with a strong focus on regulatory frameworks, licensing processes, project development, and investment structuring. She also has experience in commercial and civil dispute resolution, as well as governance and board advisory matters within highly regulated industries.

Ms. Mumba is equally a member of the Law Association of Zambia (LAZ) and the Institute of Directors of Zambia. She also serves as the Southern Africa Regional Coordinator for the Africa Minigrid Developers Association (AMDA) and is an Associate Member of the Chartered Institute of Arbitrators.