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Zambia

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Background

The territory of Northern Rhodesia was administered by the South Africa Company from 1891 until it was taken over by the UK in 1923. During the 1920s and 1930s, advances in mining spurred development and immigration. The name was changed to Zambia upon independence in 1964. In the 1980s and 1990s, declining copper prices and a prolonged drought hurt the economy. Elections in 1991 brought an end to one-party rule, but the subsequent vote in 1996 saw blatant harassment of opposition parties. The election in 2001 was marked by administrative problems with at least two parties filing legal petitions challenging the results. Opposition parties currently hold a majority of seats in the National Assembly.

Despite progress in privatization and budgetary reform, Zambia's economy has a long way to go. Privatization of government-owned copper mines relieved the government from covering mammoth losses generated by the industry and greatly improved the chances for copper mining to return to profitability and spur economic growth. However, low mineral prices have slowed the benefits from privatizing the mines and reduced incentives for further private investment in the sector. In late 2000, Zambia was determined to be eligible for debt relief under the Heavily Indebted Poor Countries (HIPC) initiative, but Zambia has not yet finalized its Poverty Reduction Strategy paper. Unemployment rates remain high, but GDP growth should continue at about 4%. Inflation should remain close to 20%.

Holidays
Jan 1 - New Year's Day
Mar 12 - Youth Day
Mar 25* - Good Friday
Mar 28* - Easter Monday
May 1 - Labour Day
May 25 - African Freedom Day (Anniversary of the OAU's Foundation)
1st Monday in July - Heroes' Day
1st Tuesday after Heroes Day in July - Unity Day
1st Monday in August - Farmers' Day
Oct 24 - Independence Day
Dec 25 - Christmas Day

Ps: The Festivals' date(*) given above are approximations that are subject to change in every new year.

Phone Codes

Country Code: 260
Outgoing International Code: 00
Main Area Codes:
Chingola 2
Kitwe 2
Luanshya 2
Lusaka 1
Ndola 2 

Resources

Market Research

Government Trade Opportunity in Zambia
The purpose of the Business Opportunities/Tender is to encourage growth in U.S. exports by providing qualified U.S. suppliers with high quality leads for export sales, foreign representation, government projects, joint venture investments and licensing opportunities.

AdmiNet - Zambia
AdmiNet creates useful webpage for Zambia in order to provide information in details for investors willing to do business with Zambia.

U.S. Department of State - Bureau of Consular Affairs - For Zambia
U.S. Bureau of Consular Affairs creates a wide range of research named as Consular Information Sheet about Zambia in terms of analyzing its social, political, cultural & economic environments.

World Trade Organization(WTO) : Zambia
World Trade Organization(WTO) supplies the trade policy reviews of Zambia in order to display & evaluate the recent economic and business developments realized after introducing the economic improvement packages by WTO.

African Studies: Zambia
There is a wide range of research about Zambian business & economic profile.

CIA - The World Factbook - Republic of Zambia
This website indicates a wide range of detail information about Zambia by introducing under 8 different fields as its geography,people, government, economy, communications, transportation, military, transnational issues.

About Zambia
There is available to find out Zambia's general outlook on the issues of its social and business profile, passport/visa, money, accommodation, government, duty free, health and so forth.

Zambian Useful Websites
There is a list of Zambian websites which are useful for potential investors seeking business opportunities in Zambia.

Zambia Business
Mbendi serves as business oriented directory providing an ultimate African Business Source for the potential investors seeking new business opportunities in Zambia including the list of industries for Zambia.

Zambia Business Online Directory
Zambia aims to assist companies around the world to do business with Zambia, and act as a source of information for business in the region.

Lex Africa: Business Guide: Zambia
The African Law Firm Network examines Zambia in order to get comprehensive business outlook for the potential investors seeking business opportunities in Zambia.

Zambia News Sites & Newspapers
There are listed Zambia's news sites & newspapers.

Business in Zambia
This website provides an extensive information gateway for Zambia in terms of doing business with Zambia, legal guides to establishing business in Zambia and so forth.

Doing Business in Zambia
World Bank represents a snapshot of the business climate in Zambia by identifying specific regulations and policies that encourage or discourage investment, productivity, and growth related to Zambia.

Business Directory - Zambia
Wow-directory offers business resources and services by creating cross-referenced categories in business opportunities for Zambia as business to business, classifieds, cooperatives, directories, organizations & trade.

Trade Information

Selection of Websites - For Zambia
Export Services creates a list of useful institutions, organizations, agencies and so forth related to export & business in Zambia by providing contact information of the institutions, as well.

The Zambian Association of Chambers of Commerce and Industry(ZACCI)
ZACCI offers a wide range of service that is mainly to provide the provision of import, export information and other trade or business opportunities in Zambia.

Zambia Confederation of Industries and Chambers of Commerce
There is available to find contact information of Zambia Confederation Chamber of Commerce.

Embassy Listings For Zambia
There are listed the embassies of Zambia including the embassies' contact information.

 
 
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