Matter

Lamise Trading Limited (Suing in its capacity as Shareholder of Intelligent Mobility Solutions Limited) v Kapsch Trafficcom AG and Anor (High Court for Zambia 2024/HPC/0339) [2026] ZMHC 79

9 June 2026Zambia
9 June 2026Zambia
Judgment of the High Court for Zambia in the case 2024/HPC/0339 dated 9 June 2026
High Court for Zambia
Decision summary
The court found that Kapsch Trafficcom AG breached fiduciary duties under the shareholders agreement in its management of Intelligent Mobility Solutions Limited and awarded Lamise Trading Limited damages for direct and consequential loss caused by the premature termination of the concession agreement. Recovery was limited to five years, with quantum referred to the Registrar for assessment; interest was awarded at 8% per annum from commencement to judgment and 12% simple interest thereafter, and costs were awarded to the Plaintiff. The negligent-misstatement claim was dismissed.
Supporting details
33 authorities · 11 participants
Lamise Trading Limited
Representative
L. Linyama (For: Lamise Trading Limited)
Representative
J. Chileshe (For: Lamise Trading Limited)
Representative
N. Nyambe (For: Lamise Trading Limited)
Kapsch Trafficcom AG
Representative
N. S. Namwila-Mwaala (For: Kapsch Trafficcom AG)
Representative
K. Kawana (For: Kapsch Trafficcom AG)
Intelligent Mobility Solutions Limited
Representative
D. Nalishua (For: Intelligent Mobility Solutions Limited)
Representative
E. Mutale (For: Intelligent Mobility Solutions Limited)
High Court for Zambia
Judge
L. Mwanabo
Authorities cited
33
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  secondary source
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- Black's Law Dictionary, 11th Edition at page 639
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Direct judgment