Doing Business in Zambia

Subject (Course): International Trade and Business in Zambia. Lusaka.

Syllabus:

1. Introduction to the Republic of Zambia (Southern Africa).
2. Doing Business in Lusaka
3. Zambian Economy
4. Foreign Trade of Zambia
5. Customs Excise Act.
6. Zambia's Free Trade Agreements (FTA)
7. Business and Investment Opportunities in Zambia
     - Infrastructures
     - Energy
     - Agriculture
     - Tourism
8. Case Study:
     - Zambian mining sector
     - Zambeef company
     - Monica Katebe Musonda
     - Multi-Facility Economic Zone (MFEZ)
9. Access to the Zambian Market
10. Business Plan for Zambia

Objectives of the subject "Doing Business in the Republic of Zambia":

1. To analyze the Zambian economy and foreign trade
2. To evaluate business opportunities in the Republic of Zambia
3. To explore Zambia's trade relations with the student's country
4. To know Zambia's Trade Agreements
5. To examine the profile of Zambian Companies
6. To develop a business plan for the Zambian Market

Sample of the subject - Doing Business in Zambia:

Subject Description (Doing Business in Zambia).

The Republic of Zambia: the largest African exporter of copper and cobalt. African Frontier Market.

African landlocked country.

1. Zambian Population: 14.3 millions of people
2. Zambia is one of the most highly urbanized countries in the African Continent.
3. Area: 752,618 km²
4. Capital: Lusaka (2 millions of people, 60% unemployed)
5. Zambian official language: English. 85 local languages
6. Zambia shares borders with eight African countries: Angola, Botswana, the Democratic Republic of the Congo, Namibia, Malawi, Mozambique, Tanzania, and Zimbabwe

The main religion in Zambia: Christianity (75%), 4.5 millions of Methodist, Baha'i faith.

Zambia belongs to the Southern African Economic Area of the African Civilization.

Zambia’s mining sector:

Economic Profile of Zambia.

1. The gross domestic product (GDP) growth rate: 6.5 (2013), 7.3% (2012), and 6.8% (2011).
2. The main contributors to GDP: agriculture (12.2%), mining (8%), manufacturing (11.2%), and construction (13.0%).
3. Zambia is a frontier market in Africa.
4. Top sectors: Copper Mining Industry, agriculture, energy, manufacturing, and tourism
5. Zambian GDP per capita 377 dollars
6. The inflation rate: 7.3%
7. Merchandise imports (% of GDP): 39
8. Merchandise exports (% of GDP): 45
9. Copper: 70.0% of export earnings
10. Zambia: 20% of the World’s emerald production
11. Foreign Direct Investment (FDI) into Zambia: 4 billion dollars
12. The Legal System: Common Law
13. Currency: Zambian Kwacha (ZMW) = 100 Ngwee
14. Abundance of mineral deposits and water
15. High costs of transport (Landlocked country)

Closest ports:

1. Port of Lobito (Angola) and Port of Luanda (Copper Corridor of Zambia)
2. Port of Maputo (Mozambique, inland port of Chipata)
3. Port of Dar Es Salaam (Tanzania): by rail
4. Port of Durban (South Africa). Distance Port of Durban - Lusaka: 2.165 Km.
5. Port of Walvis Bay (Namibia). Via the Trans-Caprivi Corridor - Katima Mulilo Bridge

Free Trade Agreements (FTA) and preferential access of Zambia

1. Common Market for Eastern and Southern Africa (COMESA)
2. Southern African Development Community (SADC)
3. COMESA-EAC-SADC Tripartite
4. Southern African Customs Union (SACU)
5. India-Southern Africa Customs Union (SACU) agreement
6. African Growth and Opportunity Act (AGOA)
7. Cotonou Agreement
8. Generalized System of Preferences (EU-GSP)
9. Bilateral Trade Agreements with China, Canada, India, and Japan.
10. COMESA-United States Agreement

Trans-African Corridors

1. Beira-Lobito Corridor
2. Lobito Corridor
3. Cairo-Gaborone Corridor
4. North-South Corridor
5. Central Corridor

Zambia is a member of:

1. Economic Commission for Africa (ECA)
2. African Union (AU)
3. New Partnership for Africa's Development (NEPAD)
4. African Development Bank
5. International Conference on the Great Lakes Region
6. Afro-Arab cooperation
7. Arab Bank for Economic Development in Africa (BADEA)
8. Africa-South America Summit (ASA)
9. Forum India-Zambia
10. Forum China-Zambia
11. World Trade Organization
12. International Monetary Fund (IMF)
13. World Custom Organization
14. World Bank (WB)