(Last updated: 2 Jul 2011)

Current business situation

The Department for Foreign Affairs and Trade (DFAT) provides advice for business travellers and tourists going to Zambia. This is regularly updated, and should be checked before planning travel.

Country facts

(Source: Department of Foreign Affairs and Trade - Country economic fact sheet)

Economic climate

All exchange controls have been abolished in Zambia and since 1991 liberal laws have been introduced to encourage private enterprise. Donor organisations and international markets expect a continued liberalisation of the economy.

For the latest key economic indicators and statistics, please see the Department of Foreign Affairs and Trade country economic fact sheet.

Political climate

Formerly Northern Rhodesia, Zambia is a republic and gained independence in 1964. Its capital city is Lusaka. Zambia is a unitary state based largely on the Westminster style of democracy. One difference is that the President is directly elected but chooses a cabinet from parliament.

Trade relations and statistics

Zambia is a member of the Common Market for Eastern and Southern Africa and the Southern African Development Community (SADC). It has recently entered into bilateral trade agreements with South Africa and Zimbabwe.

Bilateral relationships between Zambia and Australia have been long-standing and friendly. Many Australian companies are working successfully in the mining industry in various parts of Zambia with their interests growing.

Please see the Department of Foreign Affairs and Trade country economic fact sheet for key trade statistics.