Zambia

Currency: Zambian kwacha (ZMW)

Timezone: Central Africa Time (UTC+2)

Zambia is a Southern Africa country sharing its border with the Democratic Republic of Congo, Malawi, Mozambique, Zimbabwe, Tanzania, Angola, and Namibia. The country’s population is approximately 18 million people comprising over 72 ethnic groups, including Bemba,Tonga, Chewa, Lozi, and Nsenga. The major languages spoken by the people include English, Bemba, Nyanja, Lozi, Tonga, Luvale, Lunda, and Kaonde. The country has a tropical climate, and the terrain consists of plateaus, hills, and mountains. The Kafue National Park, which is home to various wildlife species, is one of the country’s major tourist attractions.

Zambia is the second-largest producer of copper in Africa, and it accounts for 60% of the country’s exports. Other sources of foreign exchange include Copper, Cobalt, Tobacco, Flowers, and Cotton. Politically, the country operates a presidential republic system of government which is administratively divided into 10 provinces including Lusaka —the capital. The major challenges facing the country include extreme poverty, high unemployment levels, and high debt burden, which is currently over 60 percent of GDP.

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The Standards Act 2017

Ministry of Commerce Trade & Industry, Zambia

This Act support the Zambia Bureau of Standards and re-define its powers and functions; provide for standardisation and quality assurance of products and services through the setting of national standards and provision of conformity assessment...

Zambia • 2017 • Trade, Industry, and Investment

The National Technical Regulation Act 2017

Ministry of Commerce Trade & Industry, Zambia

An Act to provide for the principles of, and a framework for, technical regulation that are compliant with best practice and regional and international obligations to which Zambia is a party. It establishes the Department...

Zambia • 2017 • Trade, Industry, and Investment

The Metrology Act 2017

Utilities, Zambia

This Act repeals the Weights and Measures Act, 1994 and provides for the operations of the Zambia Weights and Measures Agency, renames it as the Zambia Metrology Agency. It establishes the board of the Agency...

Zambia • 2017 • Utilities

The Banking and Financial Services Act 2017

Ministry of Finance and National Planning, Zambia

An Act to provide for a licensing system for the conduct of banking or financial business and provision of financial services; to provide for the incorporation of standards, principles and concepts of corporate governance in...

Zambia • 2017 • Finance

The Supplementary Appropriation

Ministry of Finance and National Planning, Zambia

An Act to authorise supplementary expenditure from the general revenues of the Republic of monies required for the services of the Republic during the financial year ending 31st December 2017, not exceeding in the aggregate...

Zambia • 2017 • Finance

The Corporate Insolvency Act 2017

Ministry of Commerce Trade & Industry, Zambia

An Act to provide for corporate receiverships, the appointment of receivers and the duties and responsibilities of receivers. It provides for business rescue, appointment, duties and responsibilities of business rescue administrators, rights of affected persons...

Zambia • 2017 • Trade, Industry, and Investment

The Companies Act, 2017

Ministry of Commerce Trade & Industry, Zambia

An Act to promote the development of the economy by encouraging entrepreneurship, enterprise flexibility in the formation and maintenance of companies. It provides for the incorporation, categorisation, management and administration of different types of companies.

Zambia • 2017 • Trade, Industry, and Investment

Supplementary Appropriation Act 2017

Ministry of Finance and National Planning, Zambia

An Act to authorise supplementary expenditure from the general revenues of the Republic of monies required for the services of the Republic during the financial year ending 31st December 2017, not exceeding in the aggregate...

Zambia • 2017 • Finance

Appropriation Act 2017

Ministry of Finance and National Planning, Zambia

An Act to authorise expenditure from the general revenues of the Republic of monies required for the services of the Republic during the financial year ending 31st December 2018, not exceeding in the aggregate seventy-one...

Zambia • 2017 • Finance

The Agricultural Institute of Zambia Act 2017

Ministry of Agriculture, Zambia

An Act to establish the Agricultural Institute of Zambia; provide for the registration of agricultural professionals and regulate their professional conduct in the interest of the agricultural sector; and provide for related matters.

Zambia • 2017 • Agriculture and Rural Development