[…]Jacqueline Jhala and Dalitso Ng’ona Date: 12 July 2023 On 13 January 2023, the Minister of Commerce, Trade and Industry; Honourable Chipoka Mulenga (the “Minister”) duly issued the Investment Trade and Business Development Act (Commencement) Order, S.I. No.3 of 2023 which brought into effect the Investment Trade and Business Development Act No. 18 of 2022 (the “ITBD […]
Authors: Lupiya Simusokwe and Sankananji Mubanga- Chilufya Date: 31 October 2023 On the 8th of August 2023, the Bank of Zambia issued the “Banking and Financial Services (Finance Leasing) Directives, 2023” (referred to in this alert as the “Directives”), aimed at regulating financial service providers involved in finance […]
[…]2024 On December 29, 2023, the Bank of Zambia introduced guidelines (the “Guidelines”) for fit and proper assessment. The primary objective of the Guidelines is to strengthen the governance framework of regulated entities and harmonize the requirements of the fit and proper assessment applicable to regulated […]
[…]passed into law, effectively amending various provisions of the Competition and Consumer Protection Commission Act No. 24 of 2010 (the “Principal […]
[…]Sydney Chisenga and Mwinji Nachinga Date: 26 February 2024 In addition to the amendments in the competition provisions part of the Principal Act, there have also been substantial amendments to the consumer protection provisions of the Principal […]
[…]of Appeal had occasion to consider these elementary principles that guide Courts on attaching conditions to orders to set aside default judgments and orders for leave to […]
[…]Added Tax (Cross Border Electronic Services) Regulations, 2024 (the “VAT Cross Border Regulations”), on 23 February 2024, the following should be noted with respect to accounting for value added tax (VAT) on cross border electronic […]
[…]the Bank of Zambia Currency Regulations, 2024 whose aim is to modernize and enhance the regulation of local currency operations within […]
The S3 Expansion Project is the future of Kansanshi and is on track for completion in mid-2025. Two years ago, First Quantum approved the project following a commitment made by the Zambian government to reform the mining sector and to establish a platform for more stable, durable and responsible mining in Zambia. “We are proud of the significant investment – US$800M – that we are making in S3 during the Diamond Jubilee year, and the value that this growth will bring to our surrounding communities, our local suppliers, our work force and the people of Zambia more broadly.” Tristan Pascall, CEO […]
[…]Chisenga, Jackie Jhala, Charles Mkokweza, Muchinda Muma, Joshua Mwamulima, Namakuzu Shandavu for consistently participating in this global research project and sharing their expertise across the thematic areas of the research. Read the Zambia extract of the Doing […]
