Month: May 2024

BusinessLegal Industry

Zambia’s Cooperatives Societies Act Under Review

Government reviewing the Cooperatives Societies Act (the Act) to enhance the legal status of the cooperative movement and align it with the recently...

Legal Industry

Nakasamba Banda succeeds James Banda as CIArb Zambia Branch Chair

A new chairperson for the Chartered Institute of Arbitrators Zambia branch (CIArb-Zambia) has been announced. She is Nakasamba Tikambenji Banda-Chanda, who succeeds James...

Regulatory

Zambia’s ATI law set to take effect in June 2024

Ministry of Information and Media (MIM) Permanent Secretary, Thabo Kawana, says the ATI law will go into effect in June 2024.

BusinessRegulatory

Zambia to strictly enforce SI 35 of the Citizens Economic Empowerment Act

The Zambian government is deeply concerned by the ongoing practice of exporters and importers engaging foreign transporters to move goods by road within...

BusinessRegulatory

BoZ to develop and implement a regulatory framework for crypto assets and stablecoins

BoZ to strengthen its supervisory framework by, among other things, entrenching ESG practices, improving cyber risk management, and adopting modern technologies.

BusinessRegulatory

COMESA Competition Commission Undertakes Stakeholder Validation Workshop

The COMESA Competition Commission (CCC) has successfully held a two-day stakeholder validation workshop on the 'Draft Reviewed COMESA Competition Regulations' in Lusaka, Zambia.

BusinessRegulatory

Access Bank Zambia Limited’s merger with Atlas Mara legally complete

Access Bank Zambia Limited (Access Bank) has announced that it has made significant progress in its combination with African Banking Corporation Zambia Limited,...

BusinessLegal Industry

Zambia increases the value of fee and penalty units

Zambian government enacted Statutory Instrument No. 25 of 2024 (SI 25) to increase the fees payable to many government ministries, including fees relating...

BusinessLegal IndustryLitigation

CIArb Zambia Young Members Group Unveils Executive Committee

CIArb Zambia Young Members Group (YMG) has announced its executive committee to oversee the group for the coming year