Last updated : May 5, 2014


Structure of the banking industry as at end 2005: The Bank of Zambia and 13 commercial banks. 8 foreign owned, 4 owned by local private investors, 1 by the Zambian Government, and 1 jointly owned by the Zambian Government and the Indian Government.


Non-bank Financial Instituions as at end 2005: 9 leasing companies, 3 building societies, 1 development bank, 1 savings and credit bank, 32 bureaux de change and 3 micro-finance instituions. Regulated and supervised by the Bank of Zambia under the Banking and Financial Services Act of 200.

Capital Market

Stock exchange: Lusaka Stock Exchange (LuSE)

Investment Opportunities

Zambia is richly endowed with natural and agro-mineral resource base, which present significant investment potential and opportunities. Vast expanses of rich undeveloped land and natural habitat with free-flowing and easily accessible water provide extensive potential for tourism investment and agriculture production. All this is complimented with a ready supply of quality labor force at competitive rates and a stable political environment.

Agriculture Sector

Enormous potential to become a major grower and exporter of agricultural and horticultural produce. An abundance of quality land, water and ideal climate all suited to an amazing range of agricultural products. Only 15% of the 60 million hectares of arable land is under cultivation.

Manufacturing Sector

Opportunities for further diversification exist, particularly in agro-processing, wood and leather products. Profitable avenues are also abounding in food processing and textile production and mineral products. To help realise this potential Government established a Duty Drawback Scheme (DDS) under which manufacturers producing export goods are entitled to claim a refund for duty paid on raw materials used in the production process. The Government is in the process of implementing a new initiative called the Multi-Facility Economic Zone (MFEZ) which will focus on special industrial zones for both export and domestic oriented industries.

Tourism Sector

Untapped tourism opportunities exist in all the 19 National Parks and 34 game management areas as well as the 23 million hectares devoted to the conservation of an amazing variety of animals. Major attractions include the Victoria Falls (one of the seven natural wonders of the world), the Kariba Lake (the largest man-made lake in the world), the Kalambo falls (one of the deepest falls in the world), Lake Tanganyika (the deepest lake in Africa). Specific areas of investment in this sector include:

  • Game ranching;
  • Provision of accommodation (i.e. high quality five and four star hotels, Lodges and Camp sites near the popular tourist areas);
  • Transport service - Investment potential exists in air charters in form of helicopters and/or small planes to service game areas;
  • Adventure holiday packages;
  • Organised tours;
  • Out door sports facilities (golf courses and stadia); and
  • Zambia‚Äôs cultural heritage.
File Statistics for Zambia42.19 KB
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