Why invest in Zambia
Zambia’s central location in the region,
as well as a combination of the following key strengths, makes it an ideal investment destination
Zambia is a multi-party democracy and provides a market-oriented liberalized economic environment in a strife-free multi-cultural society. The Government of Zambia
welcomes investors across all sectors and has designed a package of incentives aimed specifically at creating a conducive investment climate for increased domestic economic growth..
Reasons to invest in Zambia
The Government of Zambia welcomes investors across all sectors and has designed a package
of incentives aimed specifically at creating a conducive investment climate for increased domestic economic growth..
Zambia’s central location in the region,
as well as a combination of the following key strengths, makes it an ideal investment destination:
- Abundance of natural resources and manpower, which are highly under-utilized;
- Political stability since the attainment of independence in 1964;
- Abolition of controls on Prices, Interest Rates, Foreign Exchange Rates;
free repatriation of debt repayments;
- 100 % repatriation of net profits;
- Guarantees and security to investors with legislated rights to full and market
value compensation;
- Duty-free access to regional wider African and USA markets under SADC,
COMESA/FTA and AGOA (African Growth and Opportunity Act) respectively;
- Banking, Financial, Legal and Insurance services of international
standard as well as a Stock Exchange;
- Double Taxation Agreements with a number of European, North American, African
and Asian countries;
- Good place to work and live – sub-tropical climate and vegetation with plenty of water
and electricity. Friendly people, mostly English speaking with high literacy rate;
educational establishments to university level; strong religious values;
open-air lifestyle with natural reserves, game parks, rivers, lakes and waterfalls;
- Thriving private sector – the government of Zambia has successfully
privatised most of the previously state-owned businesses, thereby encouraging
an entrepreneurial culture.
Investment incentives
The Zambia Development Act of 2006 offers a wide range of incentives in the form of allowances, exemptions and concessions for companies.
The Act provides for investment thresholds that investors have to meet to qualify for fiscal and non-fiscal incentives.
There are five categories of investors who can be considered under the ZDA Act.
The first is that of investors who invest not less than US $ 10 million in an identified sector or product.
This category of investors is entitled to negotiation with the Government for additional incentives other than what they might already qualify for under the ZDA Act.