
Foreword

Mr. Lawrence Sikutwa
Chairman of LSA
Welcome to LSA Group of Companies. We have positioned ourselves in a number of businesses in the Tourism, Financial, Manufacturing, Industrial and Health sectors and we continue to examine other sectors as well for opportunities.Full story 
MADISON INVESTMENT COMPANY LTD (MICL)
MICL is the investment wing of the LSA Group of Companies. Established in January 2005, MICL's overall strategic objective is focused on assisting LSA position itself for diversification.
The strategic options are to identify investment opportunities across economic sectors, closing in on those that promise good and sustainable returns.
The investment strategy has, as its primary focus, the extension of the Group's competitive scope by offering products that ensure continued value-creation, earnings enhancement and that in the final analysis, translate into better profitability for the group.
MICL aims to improve the group's portfolio:
- Helping to achieve market share growth.
- Helping to strengthen the competitive position of existing businesses, including securing exclusivity of insurance premiums for the group's insurance business.
By doing so, MICL will assist LSA serve the general public including staff, better.
Among MICL's principal activities are:
- Fund Management
- Property development and management
- Equity investment and Investment management
MICL has to date assisted LSA position itself for the diversification in the following sectors:
Tourism
The group is actively involved in tourism through MICL's investment in Consolidated Tourism Investments (CTI) and fully owns Kafue River Cliff. The LSA Group continues to invest in the Zambian tourism industry.
Kafue River Cliff (KRC) (100%)

KRC, formerly known as Kafue Mariner, is really an investment in action, an action packed investment! At KRC, there is speed, thrill and tranquility.

There can be no boredom, no dull moment. When the current development programme is complete, KRC will boast a world-class conference centre on site.
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