Page 27 - Start Up_Genesis

Our Uniqueness

“We have generational tenants Back in the day, Simoson was addition, 99% of our tenants are
who have been here twenty a regular shopping centre with indigenous Zambians and we
years or more. We don’t have luxury boutiques, salons and don’t charge huge amounts of
shops that someone just leaves- other high-end stores. Now, we money for the rent.”
they always bring their kids have spare parts and electronics
or other relatives to take over. shops and a few restaurants. In

Generational Wealth

“We’ve been here a while and transition plan is. We don’t the same way our father talked
we have diversified. My father incorporate our offspring into to us. Our plan is to refurbish
passed away about twelve years the family business. When the and give them a better building
ago and my mother, siblings patriarch or matriarch dies, so they can do bigger and better
and I took over and have been everyone is thrown into the deep things when their time comes.
running the business since.” end. They don’t know what to do My father drummed a sense of
One of the challenges that we so they sell their inheritance and belonging into us and we want
face as Zambians is we have the legacy dies. to carry it forward.”
no concept of what a wealth My siblings and I talk to our kids

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