Zambia News: Business – Investments – Economy
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Zambia Suspend VAT on Hotels for 2 Years
The government of Zambia has agreed to suspend Value Addition Tax (VAT) for hotels for at least two years in an effort to revive the…
Zambia Inflation Rate Increased to 17.4% in November 2020
The Zambia Statistics Agency (ZamStats), indicates that the Year-on-Year Inflation Rate for November 2020 increased to 17.4% from 16.0% recorded in October 2020.
Fitch Downgrade Zambia Long-Term Foreign-Currency
On 18th November 2020, Fitch Ratings has downgraded Zambia’s Long- and Short-Term Foreign-Currency Issuer Default Ratings (IDR) to Restricted Default ‘RD’ from ‘C’.
Zambia Agriculture MSMEs Get Boost
The Zambia Development Agency (ZDA) and MUSIKA, a non-profit company focused on stimulating private investment in the Zambian agricultural market, have signed a Memorandum of…
Zambia Virtual Import-Export Conference and Exhibition (IMPEX): 24th – 25th November 2020
The Zambia Development Agency (ZDA), in collaboration with the Ministry of Commerce, Trade and Industry, is organizing the first virtual Import and Export Conference and…
Tanzania-Zambia Crude Oil Pipeline Seek USD 400 Million for Upgrade
Tazama, the 1,710 km (1,063 mi) long crude oil pipeline from the port of Dar-es-Salaam, Tanzania, to the Indeni Petroleum Refinery in Ndola, Zambia, is…
AfDB Approves USD 11.1 M To Support Zambia Public Finance
The African Development Fund recently approved USD 11.1 million to support Zambia’s public finance and economic management as part of efforts to restore fiscal stability…
British American Tobacco Get Investment Protection in Zambia
The Zambia Development Agency (ZDA) has signed an Investment Promotion and Protection Agreement (IPPA) with the British American Tobacco (BAT) Zambia Plc.
Zambia GDP to Grow 4.3% in 2017, Inflation to Remain Stable
The Ministry of Finance of Zambia has recently issued a statement on the economy indicating that GDP growth in 2017 is projected to rise to…