Ease of Doing Business: Zambia Jumps 2 Places to Rank 85

05 November 2019 The country now ranks 85 among 190 economies, an improvement of 2 places compared to its position a year before. The lower the numerical ranking, the better the business climate. Two reforms were carried out in Zambia during the past year: “Protecting minority investors – Zambia strengthened minority investor protections by increasing shareholders’ rights and role in major corporate decisions as well as clarifying ownership and control structures; and resolving insolvency – Zambia made resolving insolvency easier by introducing a reorganisation procedure and granting debtors the possibility of obtaining post-commencement finance.” Zambia is also one of the two Sub-Saharan African...