BUSINESS ENVIRONMENT IN ZAMBIA

  1. Zambia is an attractive investment destination offering various lucrative investment opportunities in tourism, agriculture, manufacturing, energy and mining.The investment climate is characterized by a stable macroeconomic environment, stable political system, investment guarantees ,security, duty free access to regional, wider Africa ,USA markets and unrestricted repatriation of after-tax profits.  
  2. Zambia has signed double taxation agreements with a number of European, North America, African and Asian countries. Hence investors from such countries are not liable to tax in more than one country or territory.
  3. The government offers a well-balanced package of fiscal incentives in priority areas as well as additional negotiated benefits to strategic investments.
  4. Zambia has predictable laws and policies with a Government that is committed to investment. Government is pursuing a zero-tolerance policy against corruption. Local and foreign investors are treated equally. The people are highly peaceful and friendly.
  5. The Zambian economy is a well advancing free market economy without price, exchange and interest controls. There is reduced or free import duty on certain raw materials and imports of capital machinery/equipment.

POLITICAL STABILITY

Zambia practices a system of multiparty democracy with Members of Parliament and the President who is also the Head of State, there is a stable legal environment governed by the rule of law.

  1. Zambia is a member of two African regional trade agreements,the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development Community (SADC). Both of these trade arrangements have the ultimate objective of free trade among their members. 
  2. The European Union (EU) wants to negotiate an Economic Partnership Agreement (EPA) with Zambia and other African countries as members of a group such as COMESA or SADC. This would expand the free trade area of the African negotiating group to include the EU.
  3. Zambia is also a Major exporter of copper in the world, this also contributes in the expansion of the market for other goods. Population also plays an important role in ensuring that there’s a high demand on imported goods.
  4. Zambia has a high number of developing manufacturing companies that are specialized in food production hence creating a demand for imported goods.

WHY CHOOSING ZAMBIA OVER OTHER COUNTRIES

Zambia is a member of two African regional trade agreements, the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development Community (SADC). Both of these trade arrangements have the ultimate objective of free trade among their members. The European Union (EU) wants to negotiate an Economic Partnership Agreement (EPA) with Zambia and other African countries as members of a group such as COMESA or SADC. This would expand the free trade area of the African negotiating group to include the EU. Zambia is also a Major exporter of copper in the world, this also contributes in the expansion of the market for other goods. Population also plays an important role in ensuring that there’s a high demand on imported goods. Zambia has a high number of developing manufacturing companies that are specialized in food production hence creating a demand for imported goods.

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