- Welcome to Zambia
- Zambia in the Commonwealth
- The Review and update of Zambia’s Export Development Policies and Strategies
- Preparation of Zambia’s Trade Policy Review for the World Trade Organisation (WTO)
- Provision of an advisor on trade promotion to the Zambia Investment Centre
- Capacity building in Fraud Awareness and Risk Management for senior officials in the banking and financial sector
- Assistance to the Small Enterprise Board to carry out an assessment on its effectiveness as a means to facilitate development of micro and small scale enterprises
- Capacity building in the National Women Machinery to Mainstream Gender
- Assistance to enhance the competitiveness of Agro-processed food
- Dividends payable to farmers are tax exempt for the first 5 years of operation;
- 15 percent income tax on farming profits;
- 100% tax allowance for outlay on land development, conservation and other costs;
- Capital expenditure on farm improvements qualify for an allowance of 20 percent per annum for each of the five first years;
- Substantial rate of depreciation allowing farm machinery to be rapidly written off against tax;
- special development allowances for growing certain crops: tea, coffee, banana plants, citrus fruit trees or other similar plants or trees; and
- No foreign exchange controls
- Corporate income tax reduced to 33 percent, compared to the normal 35 percent corporate tax
- No restrictions on foreign ownership and share holding levels; and No capital gains tax
- Zambia became a member of the Commonwealth in 1964
- Zambia became an independent country on the 24th of October 1964
- Zambia has been competing in the Commonwealth Games since 1954, and has won 29 medals during that time
- Kalusha Bwalya, born in Mufulira in 1963, was African Footballer of the Year in 1988
- Clifford Mulenga, born in Kitwe in 1987, won the Confederation of African Football Young Player of the Year award in 2007
- The Commonwealth Youth Programme’s Africa Centre is based in Lusaka
- Zambia is one of six landlocked Commonwealth countries, all of which are in Africa
- Zambia is the only country in the Commonwealth with a recorded reduction in CO2 emissions during 1990-2004
- 1979 CHOGM, resulting in the Lusaka Declaration on Racism and Racial Prejudice: the central Commonwealth statement of its abhorrence of all forms of racism, including in members’ own societies
HE Mr Michael Sata
The President of the Republic of Zambia
Welcome to the Commonwealth of Nations website and the Zambian section in particular. I am pleased, on behalf of my country, to be part of this important development.
I wish to begin by thanking the Commonwealth of Nations for according Zambia an opportunity to feature on this site. It is my hope that visitors to this site will have an opportunity to learn more about our country.
Zambia recognizes the important role the Commonwealth has continued to play in the development processes of member countries since its formation in 1947.
The association has been instrumental in fostering understanding amongst its members to be able to cooperate in dealing with their various social, political and economic concerns.
Through bodies such as the Commonwealth Foundation, the Commonwealth of Learning, the Commonwealth Parliamentary Association, the Commonwealth Local Government Forum, the Commonwealth Youth Programme, the Commonwealth Partnership for Technology Management and the Commonwealth Business Council, Zambia has greatly benefited in many areas ranging from development aid, democracy and good governance, youth development projects, capacity building, among others.
Let me also take this opportunity to thank the Commonwealth for its continued assistance to the nation through bodies such as the Commonwealth Fund for Technical Cooperation (CFTC). Zambia has under the same framework received assistance valued at 800,000 British Pounds in the last five years. Some of the projects that have been undertaken under the CFTC include the following:
Zambia has also continued to benefit from the Secretariat’s regional programmes for Africa valued at over GBP 1,000,000 per annum. These programmes are aimed at building capacity within the African Union (AU), Common Market for Eastern and Southern Africa (COMESA) and Southern African Development Community (SADC) in the areas of trade policy formulation, WTO notification and negotiations, governance. Other areas include the Africa Executive Programme in Public Finance, the Pan African Consultative Forum on Corporate Governance and HIV/AIDS mitigation.
Under the Commonwealth Youth Programme (CYP) the Commonwealth secretariat contributes 50% to the running of the regional institution, while the other 50% is shared between Government and the students on a 30% – 20% basis. The institution runs a Diploma Programme in Youth Work to help in the promotion of youth Development within the Commonwealth.
The CYP also contributed towards enhancing youth networks and governance by providing funding for the National Youth Policy Review Process. In addition the CYP has pledged to support the development of an Action Plan to implement the policy.
The CYP is also in the process of reintroducing a comprehensive youth enterprise development programme, which would assist youth enterprises by providing loans and short-term courses. This programme was very pronounced during the period 1998 – 1999 where a number of Zambian youths benefited.
Zambia has also continued to benefit from Commonwealth support through the Commonwealth Press Union where a number of Zambian journalists from both the public and private media have been awarded scholarships to attend short courses in the information field.
Other Commonwealth forums that Zambia has benefited from through capacity building and technical assistance are the Commonwealth Parliamentary Association, the Commonwealth Local Government Forum, and the Commonwealth Law Association. Zambians have attended various workshops, seminars and short courses that have assisted in broadening their scope of understanding in the areas of expertise.
I wish to take this opportunity to reaffirm Zambia’s commitment to the Commonwealth fundamental values and principles including tolerance, respect, international peace and security, democracy, good governance, human rights, gender equality, rule of law, independent judiciary, freedom of expression and a political culture that promotes transparency, accountability and economic development.
May I also commend the good office of the Secretary General for its continued role in conflict management and post conflict reconstruction and development. Your role in such matters is important as it greatly contributes to the entrenchment of the Commonwealth values and principles in conflict situations.
With regards to debt management and High Indebted Poor Countries, Zambia wishes to take this opportunity to commend the Commonwealth Secretariat for assisting Member States on this very critical issue. Highly Indebted Poor Countries, including Zambia, have continued to shoulder extremely heavy burdens resulting in severe constraint to their capacity to undertake meaningful developmental programmes. This is because a sizeable chunk of resources generated are channelled into debt servicing.
Zambia attained the HIPC completion point early last year. This newly reached status will allow my government to step up its interventions to address issues of poverty, hunger, disease and above all, the attainment of the Millennium Development Goals (MDGs).
Zambia therefore applauds the initiatives by the G8 countries to call for a complete write-off of developing countries debts, especially those in Africa. Creditor nations and institutions are therefore called upon to strengthen their resolve in dealing with the debt situation. This will enable developing nations tackle urgent issues of poverty alleviation and sustainable development.
I wish to state that my Government remains steadfast to virtues of good governance and combating corruption. We are convinced that corruption has devastating effects on any nation’s development prospects due to the cost to the nation of corrupt practices. In this regard, Zambia condemns all forms of corruption as it only serves to benefit those with selfish interests at the expense of the many who are wallowing in poverty.
The Zambian Government has embarked on a relentless campaign to rid the society of corruption. We want to ensure that all those involved in such practices are brought to book, regardless of their status in society. This also serves as an indicator that my government is serious about the fight against corruption.
With regards to terrorism, Zambia reiterates its strong condemnation of the acts in all its forms and manifestations. Terrorism is an unacceptable breach of basic human rights. It poses a threat to democracy and development. In this regard Zambia remains committed to working with the rest of the international community in fighting the scourge.
We will continue to support the United Nations Security Council initiatives against terrorism. We believe the United Nations offers the best framework for a sustainable campaign against terrorism, while at the same time being respectful of the principles of freedom, justice, human dignity and religious tolerance.
Zambia will continue to actively pursue measures intended to suppress terrorism through various actions, including taking appropriate national legislative reforms and implementing the various anti-terrorism treaties. Zambia also welcomes efforts being made to ensure the implementation of the Financial Action Task Force recommendations on combating financing of terrorism.
We also share the view that the fight against terrorism will not be won unless its causes are identified and uprooted. Conditions of severe poverty and deprivation are known to form fertile grounds for terrorist activities. And the vast majority of the people outside the developed world today live in abject poverty! The international community’s challenge therefore, is to ensure eradication of poverty in developing countries in order to make terrorist acts non-attractive venture.
Talking about investment, Zambia has designed a package of incentives aimed specifically at establishing a suitable environment for increased domestic industrial growth, export promotion, the development of market-oriented production management and private sector development.
The Investment Act of 1993 (amended 1 April 1996) offers a wide range of incentives including:
15 percent income tax for non-traditional exports;
One-seventh of the normal 35 percent corporate income tax rate in its first 5 years of operation for rural enterprises;
Income tax allowance:
Buildings used for manufacturing, mining or hotels qualify for a wear and tear allowance of five percent of the cost, plus an initial allowance of 10 percent of the cost in the year in which the building is first used.
Income tax deduction:
Expenditures on research, technical education, or any further training related to a company’s specific business activity.
Incentives for agricultural enterprises include:
Where a double taxation agreement exists between Zambia and another country, the foreign tax payable by the investor to the other country, in respect of any foreign income, shall be allowed as a credit for that investor against Zambian tax in respect of the foreign income. Double taxation agreements have been concluded with Botswana, Canada, Denmark, Finland, France, Germany, India, Ireland, Italy, Japan, Kenya, Netherlands, Norway, Romania, South Africa, Sweden, Switzerland, Tanzania, Uganda, United Kingdom and the United States.
Incentives relating to investments on the Lusaka Stock Exchange include:
Special incentives are offered to exporters of non-traditional products, such as reduced corporate tax to 15 percent. Special exemption from duty and sales tax on imports and machinery is offered to exporters of non-traditional products with net foreign exchange earnings, tourism investment with foreign exchange earnings in excess of 25 percent of the gross annual earnings, and agro-related products for export.
In conclusion, let me take this opportunity to invite the business community, worldwide, to consider coming to Zambia and invest in sectors such as Mining, agriculture, Tourism, Energy and infrastructure and other sectors of their choice. My government assures them an enabling environment for their businesses to thrive and guarantees security.
I thank you.
(The above message was provided by the late President Levy Mwanawasa)
Zambia in the Commonwealth
did you know?
Commonwealth meetings hosted
Review of Export Development Policies and Strategies for Zambia (2003)
The Commonwealth Secretariat commissioned a review of the policies and strategies in support of Zambian export development. The review took into account performance since a previous 1993 study and involved analysis of trade sectors, factors contributing to and impeding export development (including institutional arrangements and consultation mechanisms) and of donor support for the private and public sectors.
Assistance on Konkola Copper Mines (KCM) negotiations (2003)
The Commonwealth Secretariat commissioned an advisor to provide legal and economic advice to the Minister of Legal Affairs and the Minister of Finance in connection with the Konkola Copper Mines (KCM) Negotiations. The KCM negotiations were to take place between the existing shareholders of Konkola Copper Mines plc, including GRZ, and the Sterlite Group of India. The advisory support ensured the Government achieved the objective of concluding negotiations with Sterlite on terms that would secure the long term survival of KCM.
Export Business Intensification Programme in the FTA for Zambia (2003)
Through this Commonwealth funded project Zambia aimed to identify and exploit export market opportunities and improve its market share. It also aimed to produce well developed and adapted products and explore collaborative and joint venture arrangements in the production, marketing and promotion of Zambia products in the FTA.
Technical Advisor, Ministry of Youth, Sport and Child Development (1996)
This advisory project, which was funded by the Commonwealth, entailed the provision of a long-term expert to develop a process of consultation with the youth in identifying their development needs and to design a national plan of action to address those needs. Outputs included the development of programmes and policies for the youth, the development of local skills, establishment of BA courses in Youth and Community Development, establishment of Youth Resource Centres, the initiation of youth skills training programmes and over 100 youth workers were trained.