International Trade in Zambia

International Trade in Zambia

Zambia experienced an accelerated growth during the past recent years, due to the progress and stability of its macro-economics and the multiplication in raw materials prices. In addition, the country had its debt canceled since it benefited from the initiative for the Heavily Indebted... Read more

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Market Analyses About Zambia (7)

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Agents and Distributors in Zambia (20)

  • we are import and export agents we work with global companies that are looking for market in zambia and the comesa market compriseing of...
  • Zhujiang Cable Co.,Ltd.

    Zhujiang Cable Co.,Ltd.

    Wholesalers, Zambia

    Guangzhou Zhujiang Cable Co.,Ltd, China Top Ten manufacture in cable industry field since 1991, annual output value is about...

Overview About International Trade in Zambia

Economic Overview

Zambia experienced an accelerated growth during the past recent years, due to the progress and stability of its macro-economics and the multiplication in raw materials prices. In addition, the country had its debt canceled since it benefited from the initiative for the Heavily Indebted Poor Countries (HIPC). In spite of the global financial crisis, Zambia's economy has continued to grow 6.3% in 2009 and 6.6% in 2010, thanks to the rise in the price of copper and the dynamism of the sector. 

Zambia benefits from the support of the IMF as part of The Poverty Reduction and Growth Facility (PRGF). This program targets social, economic and environmental sectors. The main challenge on a mid-term period is to create a fiscal margin that allows high-priority expenditures, diversification of the economy and poverty reduction.   

Even though, the country's growth has been high, it was not sufficient to significantly reduce poverty, which keeps Zambia in the LDC category. The country has to face the HIV/AIDS pandemic, a poor education system and the extreme poverty that affects one-third of its population, 60% of its inhabitants live below the poverty threshold.

 

FDI in Figure...

News Related to International Trade in Zambia

  • Zambia Delays VAT Again, Until September - Jul 06, 2019

    Zambia has once again pushed back implementation of a sales tax in place of value-added tax, to September 1, 2019.

    Source: Tax-News.com

  • Zambia 9% Sales Tax delay till July 2019 - Apr 08, 2019

    Zambia has postponed the replacement of its existing VAT regime with a Sale Tax until 1 July 2019. The original plan had been 1 April.

    Source: VAT Live

  • Zambia VAT update - Mar 27, 2019

    The 2017 Budget includes a number of proposed changes to the Zambian VAT rules. These include: Abolishment of the group VAT scheme Restrictions on the right to deduct input VAT on certain pre-

    Source: VAT Live